Varian, Inc. Acquires Polymer Laboratories Ltd.
Varian, Inc. announced that it has acquired PL International Limited, and its subsidiaries including Polymer Laboratories Ltd. for approximately $42 million in cash net of acquired cash, subject to certain net asset adjustments. The transaction also includes an opportunity for additional purchase price payments over three years, depending on future financial performance. Those future payments could total up to $23 million if aggressive performance targets are achieved. Polymer Laboratories develops consumables and instrumentation for advanced polymer analysis, including columns, standards and specialist chromatography systems dedicated to gel permeation chromatography (GPC) analysis. Polymer Laboratories also manufactures systems for high throughput screening and process monitoring applied to polymeric materials.
For HPLC, Polymer Laboratories manufactures robust polymeric media and columns for biochromatography, and specialist detectors. For the pharmaceutical and clinical diagnostic industries, Polymer Laboratories manufactures resins for drug development and pharmaceutical process applications, and clinical diagnostic polymer particles.
Polymer Laboratories generated revenues of approximately $22 million for the twelve months ended September 30, 2005. The acquisition is part of Varian, Inc.'s strategy to strengthen the Company's product portfolio, especially in the focus area of laboratory consumables, with internal research and development efforts and strategic acquisitions of complementary products and technologies.
Topics
Organizations
Other news from the department business & finance
These products might interest you

Easion IC System by Thermo Fisher Scientific
Uncompromised, simple and reliable IC separations with low cost of ownership
Designed for ease-of-use, fast startup times and reliable and stable performance

Aquion™ by Thermo Fisher Scientific
Precise ion chromatography for your laboratory
User-friendly operation, low operating costs and proven technology for reliable results

Pure Chromatographie-Systeme by Büchi
Pure Chromatography Systems
Space-saving with maximum safety and maximum precision

FPLC by KNAUER
Flexible and Modular: The Complete FPLC Solution for All Types of Protein Purification
The Powerful, Flexible FPLC System for Purification Processes the Way You Want Them

AZURA Purifier + LH 2.1 by KNAUER
Preparative Liquid Chromatography - New platform for more throughput
Save time and improve reproducibility during purification

Get the analytics and lab tech industry in your inbox
By submitting this form you agree that LUMITOS AG will send you the newsletter(s) selected above by email. Your data will not be passed on to third parties. Your data will be stored and processed in accordance with our data protection regulations. LUMITOS may contact you by email for the purpose of advertising or market and opinion surveys. You can revoke your consent at any time without giving reasons to LUMITOS AG, Ernst-Augustin-Str. 2, 12489 Berlin, Germany or by e-mail at revoke@lumitos.com with effect for the future. In addition, each email contains a link to unsubscribe from the corresponding newsletter.
Most read news
More news from our other portals
See the theme worlds for related content
Topic World Chromatography
Chromatography enables us to separate, identify and thus understand complex substances. Whether in the food industry, pharmaceutical research or environmental analysis - chromatography opens up a treasure trove of information about the composition and quality of our samples. Discover the fascinating world of chromatography!

Topic World Chromatography
Chromatography enables us to separate, identify and thus understand complex substances. Whether in the food industry, pharmaceutical research or environmental analysis - chromatography opens up a treasure trove of information about the composition and quality of our samples. Discover the fascinating world of chromatography!