Leica Microsystems and Leica Biosystems have cemented ties with their Brazilian Leica distributor: All shares of Aotec Instrumentos Cientificos Ltda of São Paulo, Brazil, have been acquired. Aotec is a provider of microscopy and histopathology solutions and has been a Leica distributor for ... more
Danaher Announces Definitive Agreement to Acquire Leica Microsystems
05-07-2005: Danaher Corporation announced that it has signed a definitive agreement to purchase German-based Leica Microsystems AG from LM Investments S.à r.l. The purchase price amounts to an enterprise value of approximately EUR450 million, including assumed debt, pension liabilities, transaction costs and net of cash acquired.
The acquisition is subject to regulatory approval and customary closing conditions and is expected to close in the third quarter. Danaher expects minimal earnings per share accretion in 2005. Earnings per share accretion in 2006 is expected to be approximately EUR0.025.
H. Lawrence Culp, Jr., Danaher's President and Chief Executive Officer, said: "This transaction makes strong strategic and financial sense for both companies. Leica Microsystems' technology in high precision optical instrumentation and its well-known brand will extend Danaher's Professional Instrumentation segment into life sciences while complementing our existing critical care diagnostics and dental businesses. Leica Microsystems has an excellent management team, and working together we can improve the company's long-term performance and augment its growth on a global scale - both organically and through add-on acquisitions. We are pleased to have such a well-respected company become part of Danaher."
Dr. Wolf-Otto Reuter, Chief Executive Officer of Leica Microsystems, said: "We are very pleased to be announcing this partnership with Danaher. They are a long-term strategic investor with global resources that truly understands our engineering heritage and are committed to our future growth. As part of Danaher, we expect to be able to extend Leica Microsystems' leadership in its fields of operation, particularly in medicine and biotechnology."
Fifty years ago the development of modern image analysis began. These early systems used to fill a whole room with electronics, very different from today’s elegant, distinctive desktop set-up. In 1962, the first automated system for the analysis of microscope images was developed by the Cam ... more
China Medical Technologies, Inc. (CMED) and Leica Biosystems, a division of Leica Microsystems, announced that they have established a sales, research and development collaboration to co-develop and market automated FISH kits to be used on the Leica BOND system. CMED will sell the Automated ... more
Up to 80 percent of our experience of our visual environment takes place via our visual perception. Without spatial vision, we would hardly be able to stay oriented. In recent decades, the neurosciences have gained many insights into the complex processes by which our brain's visual cortex ... more
Danaher Corporation announced that it has entered into a definitive merger agreement with Beckman Coulter, Inc. pursuant to which Danaher will acquire Beckman Coulter by making a cash tender offer to acquire all of the outstanding shares of common stock of Beckman Coulter at a purchase ... more
Life Technologies Corporation announced it has signed a definitive agreement to sell its ownership stake in its mass spectrometry business, operated as a joint venture, to Danaher Corporation for $450 million in cash. Danaher has also signed an agreement to acquire Life Technologies’ joint ... more
Danaher Corporation announced that it has signed a definitive agreement to purchase German-based Leica Microsystems AG from LM Investments S.à r.l. The purchase price amounts to an enterprise value of approximately EUR450 million, including assumed debt, pension liabilities, transaction cos ... more
- 1Thermo Fisher Scientific to Acquire Life Technologies Corporation
- 2analytica Vietnam 2013 – Platform for innovations
- 3Schleicher & Schuell has been purchased by Whatman plc
- 4Inspecting water quality with Raman spectroscopy
- 5LIMS/LIS Market and POCT Supplement
- 6X-ray analysis could boost legumes, thus reducing fertilizer pollution
- 7Abbott Completes Acquisition of Advanced Medical Optics
- 8Thermo Fisher Scientific Scientist Dr. Alexander Makarov Receives Inaugural HUPO Science and Technology Award
- 9Analytik Jena announces forecast for financial year 2012/2013
- 10MDS Sciex Opens Manufacturing Facility in Singapore
- Carl Zeiss Meditec improves its results in first six months of financial yea ...
- Evonik selects OPX Biotechnologies for joint development of bio-based chemicals
- ZEISS presents half-year financial figures
- Analytik Jena to develop products for sepsis diagnostics
- Analytik Jena AG establishes subsidiary in Thailand