Instrument News – January 2023 – content

Life Sciences

Robotics expert bought by investment company

BICO sells cash cow Ginolis to management

TFS eyes Olink to complement LS and MS offering with protein biomarker capabilities

Investor consortium acquires assets of bankrupt Vironova

ONT receives investment from IVD expert

Spear Bio closes oversubscribed seed round


General Laboratory

Equity company creates sample prep automation expert

Excelitas acquires specialty light source company

Illumina gives in on Grail divestment

Photonis rebrands following four-company shopping spree                                                                                                                   

Analytical Instruments focus of Calibre’s latest two acquisitions

DKSH acquires leading Australasian laboratory distributor

STC brings technical ceramics expertise to IDEX HTS

Acquisition sparks new reporting division at Xylem


Process and Laboratory Instrumentation

LI-COR makes acquisitions and strengthens Asian footprint

3M Health Care business to rebrand on spin out

Merck invests in global manufacturing sites

Funding boost for BioFlyte’s commercialisation efforts

Nynomic invests in technology bringing MIR to industrial processes

KPM buys AI computer vision expert



Underlying growth at Tecan at 7%, while Covid hangover continues

Olink’s growth rate dips at eve of acquisition

Merck LS hit by dropping Covid demand and destocking

LGC sees sales growth despite Covid headwinds

Cytek buoyed by FCI business purchase

Recovery continues as Judges Scientific’s purchases add half of growth

IDEX HST hit by destocking in analytical instrument market

DKSH Technology beats sister divisions by growth              

Xylem M&CS sees strong recovery              

Additional costs push profitability into the red at Analytik Jena

Starna declines in its fiscal 2022

Environmental instruments stagnate, while Teledyne hails record sales              

Reduced biopharma sales hit 3M’s HC division ahead of spin out

908 Devices driven by handheld devices sales

Inficon optimistic despite cyclical slowdown in chip market

Honeywell driven by sustained aerospace recovery

Semiconductor slump affects Nynomic