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27 Oct 2011

Sartorius to Acquire Biohit's Liquid Handling Business

Sartorius has signed an agreement to acquire the liquid handling business of the Finnish laboratory supplier Biohit Oyj.

Germany's laboratory and process equipment provider Sartorius has signed an agreement to acquire the liquid handling business of the Finnish laboratory supplier Biohit Oyj. The deal is expected to close in December 2011.

 

With its liquid handling segment, Biohit is one of the global market leaders for mechanical and electronic pipettes, as well as for the associated consumables. The segment, which employs some 400 people, generated net sales of approximately 38 million euros and an EBITDA margin of approx. 13% in fiscal 2010.

 

This deal will enable Sartorius to expand its product portfolio with an important component in the area of laboratory instruments, which currently includes lab balances, lab water purification systems, moisture analyzers and s

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