Yesterday Sartorius, a leading international process and laboratory technology provider, successfully completed its acquisition of the liquid handling business of the Finnish laboratory supplier Biohit Oyj. The transaction had been announced on October 26, 2011.
With this purchase, Sartorius is pursuing its strategy to expand its product offering for laboratory applications. Mechanical and electronic pipettes are among the types of small instrumentation most frequently used in laboratories. So far, the company has been offering its customers in this segment primarily laboratory balances, laboratory water purification systems, moisture analyzers and consumables for sample preparation. As a result of this acquisition, the Sartorius laboratory business will represent around one third of the Group's future sales. The larger Sartorius Biotechnology division supplies products and services for the manufacture of biopharmaceuticals.
"The liquid handling business will make an important contribution to the growth strategy of our laboratory unit," comments Dr. Joachim Kreuzburg, CEO of Sartorius AG. "I am pleased that we have closed this acquisition as fast as planned. Our first priority in the integration process is to rapidly offer our customers the entire range of products and services with the same high quality we're known for, all from a single source."
Source: Sartorius
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