Instrument News

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

Financials

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

Appointments

December 2023 – content

 Life Sciences

Automata raises further funds for international expansion

Optibrium adds capabilities for structure-based drug design

SomaLogic and Standard Biotools combine in pursuit of profitability

Proteintech expands in the US and China

General Laboratory

Thomas Scientific expands with three more acquisitions

Purchase expands Altmann Analytik’s domestic market reach              

Shimadzu acquires software developer Biomaneo

STARLIMS makes first acquisition

Park Systems builds HQs

Azurlight expands Toptica’s reach into French market

Ametek to acquire medical device specialist              

Metrohm and Agilent expand reseller partnerships

Hamamatsu opens microfocus X-ray source facility

Process & hand-held instrumentation

Repligen buys mixing company and single-use expert

Gamma radiation specialist joins OSI System’s Security division

Polysciences creates new bioprocessing reagent brand

Feature

IN Leaderboard 2023 (Top 40): Spin-offs begin to affect listing ranks

Financials

Sartorius suffers the expected drop of pandemic sales

SomaLogic performs in line with expectations

Mesa Labs hits Covid cliff edge              

Revvity’s LS grows organically, though Dx hits pandemic cliff-edge

Bio-Rad lowers growth guidance on biopharma softness

Sales and profitability improve at Standard Biotools

Markes sees slow growth in challenging 2022

HEL increases workforce in anticipation of future growth

Toptica continues growth momentum

Buoyed by strong first half Spectris ups full-year forecast

Trajan delivers 12th consecutive year of growth

Stanhope-Seta sees sales dip

Horiba Scientific plagued by low profitability              

Softer laboratory sales overshadow Mettler-Toledo’s half-year results

Astrea acquisition boosts Biotage

Aerospace sales recover at Ametek EIG

Repligen’s filtration sales hit by waning demand

X-ray modules strong at Comet

Smiths Detection returns “firmly to growth”

Leidos notes partial recovery of security products portfolio

Post-Covid recovery at Hach Lange in line with Danaher’s EAS division

Strong growth at PreSens in second pandemic year

Appointments

November 2023 – content

Life Sciences  

PacBio acquires versatile super-resolution optics for short-read sequencing

Acquisition marries 3D cell culture with patch clamp technology

Research marketplace eyes Europe

Acquisition expands Qiagen’s forensics market ambitions

Randox acquires benchtop FC technology

EMS and Azer combine to build LS and Dx platform

Genomenon buys genomic curation company

Bio-Rad and Qiagen settle dPCR dispute

General Laboratory

Iron Path Capital forges chemicals platform with acquisition

Hamamatsu makes second NKT Photonics bid

Lab equipment maintenance firm makes two acquisitions              

Lab furniture company buys stake in Lab Concept

Bejing Labtech open Tianjin facility

Two purchases expand optical capabilities of G&H

Zeiss invests in AR, camera tracking and semiconductor manufacturing

Process & hand-held instrumentation

Veolia sells UK industrial water analysis laboratory

Waters and Sartorius expand process analytical deal

Badger Meter lays foundation of process analytical business with two purchases

Sartorius enters two partnerships for Biostat bioreactors

Kromek expands wearable distribution deal with Smiths Detection

Financials

Qiagen tones down FY2023 forecast              

PacBio expands product portfolio through acquisitions

Temporary consumables decline sparks Illumina forecast adjustment

Consumable sales almost double at BioNano Genomics

BD Biosciences sees growth in reagents and flow cytometry instruments

LS division grows slowest at Gooch & Housego

China declines in high teens during Waters’ second quarter

Stagnating sales at Waldner

Organic growth in the mid teens at Bruker, driven by Asian customers

Zeiss IQR grows in high single-digits in first fiscal half

Köttermann’s sales below expectations in 2021

Global slowdown results in Hamamatsu toning down full-year guidance              

Acquired product lines exceed expectations at Netzsch A&T

Kewaunee back in profit after three difficult years

OSI Systems growth driven by cargo and vehicle inspection systems

Veolia Water Technologies driven by Suez’ WTS in first half 2023

Getinge LS sees decline in biopharma sales

Appointments

Instrument News October 2023 – content

Life Sciences

Trane Technologies continues to build its LS business

Metabolomics start-up raises funds              

Danaher continues expansion with purchase of antibody specialist

SaaS company Semaphore wins “significant investments” 

Bruker acquires single-cell analysis firm and strengthens software unit              

Vector Labs buys dPEG® technology for bioconjugation

Eppendorf opens new US distribution centre

General Laboratory

Temperature control business adopts SE status

Anton Paar expands material characterisation portfolio with Brabender acquisition

Exum raises funds for desktop TOF MS for materials research

Pfeiffer invests to reach €1 billion revenue mark

Mervilab expands Calibre’s Spanish footprint

Knauer invests in laboratory workplace organiser start-up

Markes to distribute headspace microextraction method

Horiba launches new Raman microscope

Process and hand-held instrumentation

Siemens to sell its process GC business

Process Insights sold to Industrial Growth Partners

Specim sees investment following acquisition

Life Science digitalisation expert bought by ATS

Syft downsizes operations and raises additional funds

Financials

Currencies and organic growth buoys Abcam ahead of takeover

Export markets drive Leica Microsystems in 2021

Transition of licensing model hits IDBS during 2021              

Danaher’s life-science focussed segments hit by Covid to different degrees

Acquisitions prevent worse at Azenta

Freeze dryer firm Christ sees small growth in 2021

Analytics demand experiences strong annual growth at Pfeiffer

Huber reports record results for second pandemic year

Agilent continues to see double-digit organic growth              

Record results for Knauer in second pandemic year

GL Sciences grows in high teens

Thermo Fisher comes in $300 million below forecast

Healthcare becomes strongest growing Nikon segment

Bejing Labtech saved by second half

SP Industries prevents sagging of ATS’ life science revenues

Syft Technologies downsizes as semicon downturn halves revenues              

Continued strong revenue growth at Kromek

Hach not strongest suit at Danaher’s pre-independence EAS

Yen depreciation and oil industry recovery drive Yokogawa’s growth

Parker Industrial sees waning demand from life science customers

Appointments

Instrument News – September 2023 – content

Life Sciences

Blacktrace bought by Unchained for LNP formulations technology

SeqLL to be bought by two acquisition vehicles

Dotmatics adds further bioinformatics assets

Three more acquisitions expand Biosynth

LGC makes two acquisitions in 2023 so far

Quantum-SI moves to new HQs after momentous two years

Court decision in Nanoimager patent dispute

Bionter signs US distribution partner

General Laboratory

Datacolor acquires colour matching-software competitor

Tosoh expands media production capacity

DWK to benefit from owner's new $1 billion investment fund              

Porvair expands consumables offering with Ratiolab acquisition

Park Systems opens Shanghai hub 

Acquisitions expands SLS Group in the British Isles

Thomas Scientific enters solvent supply partnership with start-up

50th birthday of SI Analytics NIB

Ocean Insight expands Rochester site

Process and hand-held instrumentation

Air quality monitoring firm adds to Indutrade’s MST division              

Single-use assembly specialist expands Getinge’s LS division                            

Fourth acquisition joins Donaldson’s Life Sciences division              

Hyperspectral camera specialist buys chemometric software

In-line analyser company acquired by Draslovka

Financials

Takara Bio avoids Covid cliff-edge for fiscal 2023

Asian weakness at NanoTemper during 2021

LS sales stagnate for Corning in 2022

Staff cuts as Twist aims to improve profitability

Porvair Sciences sees sales drop after three growth years

Olink moves into profit in the last quarter

Minimal organic growth at SDI in fiscal 2023

Specac recovers well from Covid impact                                                                                                                                            

Halma’s Arcmed businesses experience marginal growth

Acquisition drives growth at Nanalysis

JULABO back to pre-pandemic sales in 2021

Organic growth at OI boosted by currencies and acquisition

Specialty continues to lead by growth rate at Tosoh

DWK catches up with 2016 result

M&A's organic growth ahead at Emerson in first fiscal half              

Accelleron spin-out hits ABB’s Process Automation

Industrial demand recovery drives Varex’ growth

Technologies segment trumps its Medical sister at Mirion

MST one of the leading segments by growth at Indutrade

Pandemic demand still keeps Sensirion growing

Appointments

Instrument News – August 2023 – content

Life Sciences

Sequencer firm opens first extra-China manufacturing

Ionpath suspends instrument sales 

Stratec grows Smart Consumables division with purchase

Dx lab acquires OEM microarray manufacturer

Lunaphore to grow Bio-Techne’s spatial biology offering

Imaging specialist Zeiss makes two LS investments

General Laboratory

Agilent to stop ECD upgrades for third-party MS systems

Optical filter firm expands IDEX instrument footprint

Newly-founded alliance has materials testing focus

CBRE creates lab maintenance brand

Process & hand-held instrumentation

Process Raman company acquired by Thermo Fisher              

CDR to sell process optimisation specialist of Indicor

In-Situ coins new tagline

Financials

Infringement settlement lifts MGI Tech’s bottom line

Stagnating organic growth at bioMérieux in 2022

PSS reports losses in fiscal first half NB

Protein Sciences weak post-pandemic at Bio-Techne

Profitability continues to elude HBIO

Medidata business drives Dassault’s LS division

Vacuum orders significantly down in Q4 at Atlas Copco

Sales increase in low teens at Fritsch during second pandemic year

Renamed Showa Denko generates reduced revenues

PPE sales sustain Camlab during 2021

Low organic growth for Shimadzu’s instrument segment              

Sales growth at SLS Group mainly supplied by acquisitions

Prior Scientific recoups losses suffered during first pandemic year

Scientific segment to provide JEOL with growth in current fiscal year

HHT anticipates semiconductor and electronics downturn

MKS affected by slowing semiconductor market

Nederman M&CT generates low organic growth              

Roper’s analytical and process businesses suffer Q4 decline

Alpha MOS’ second half compensates for weak start

Appointments

Instrument News – July 2023 – content

Life Sciences 

Abcam considers strategic options after planned shareholder revolt

PE’s LS and Dx businesses renamed to Revvity

AnaBios expands with Cell Systems

Maravai acquires synthetic biology enzyme specialist

MolGen buys co-development partner

Culture media specialist expands AnalytiChem’s offering                            

Integra Bio invests in NGS sample prep with acquisition              

Paragraf buys biosensor firm

General Laboratory

Verder Scientific expands with dissolution expert and dispersion specialist

New joint venture for particle analysis formed

EDAX and Gatan combine to maximise synergies

Facility maintenance company buys two lab services businesses

Calibre adds two lab consumables firms

Ownership change results in Photonis' acquisition spree

Newomics launches two more versions of MS source

Fritsch and Horiba sign distribution agreement for the Americas

Process & hand-held instrumentation

CEM company expands with two more acquisitions

Donaldson makes third life science acquisition

PBS Biotech closes financing round

Optical temperature sensor expert joins WIKA

Acquisition to widen DT’s X-ray detector offering

Picarro in EtO monitoring partnerships

Features

ASMS2023: Ionisation in the air

Financials

Custom-development demand provides some growth at Stratec

Maravai prepares for post-pandemic cliff-edge

Second half performance pushes Abcam into the red

Annual organic growth in low single digits at Tecan

Post-pandemic sales remain significantly elevated at Integra Biosciences

Record year at Biotage, despite weak last quarter

Ingersoll PST benefits from acquisitions in 2022

Kewaunee increases rate of growth, but fails to break even

Proprietary consumables sales save Avantor from worse in 2022

Mostly organic sales growth drives XRF to new heights

Spectroscopy sales flat at Renishaw

IMI’s Life Sciences unit ahead on acquisitions in 2022

Organic growth up 2% at Foss, while profitability declines

Binder reports record 2021 sales on partial recovery of EU markets

Dropping pandemic sales reduce Repligen’s reported growth

Donaldson’s LS division hit by demand decline for PTFE membranes products

AHL sells off majority of business

Process analytics compensates for waning pandemic demand at Nynomic              

Security demand still below DT’s record 2019

Sick Group continues to forecast double digit growth

Appointments

Instrument News – May 2023 – content

Life Sciences

Spectris sells CLS to equity company

Korean consortium buys Meridian Bioscience

Interaction analysis biosensor company acquired by Miltenyi

Azenta snaps up 2D barcode reader innovator

Bruker invests in proteomics and spatial biology through acquisitions

Eppendorf sells micro-manipulation business

General Laboratory 

Monitoring and validation firm doubles workforce in five-year shopping spree

Suez’ lab water purification business recyles old Veolia brand              

Six businesses add to Calibre’s acquisition tally since the beginning of year

Ocean Insight partly reverses 2019 rebrand

Process & hand-held instrumentation

Horiba acquires French process analyser company

50 years Particle Measuring Systems

KKR to spend $250m building test and inspection platform

LePure wins funding and completes two acquisitions              

Feature

Pittcon 2023: A veteran attempts a comeback

Financials 

Standard BioTools revenues down by a quarter

BMG Labtech sees growth in calendar 2021              

Qiagen exceeds management expectations

Merck’s Life Science division core growth offsets pandemic-related declines

Miltenyi tops own forecast in second pandemic year

Bio-Rad backlog persists in 2022              

Scientific division trumps P&E for growth at Horiba

Revenues at Spectro Analytical surpass 2018 record

Spectris regroups into two divisions and an ‘Other’ segment

Covid-demand outweighs Brexit effect at Labcold

Bohui Innovations performs well in first half 2022

Supply constraints and currency headwinds hold Bruker back

Kern & Sohn to invest in second German operations campus

Nabertherm grows in 2021 despite industrial weakness

Strong organic growth at Ametek as currencies offset acquisition gains

Detection businesses still under par at Leidos

Advanced materials lead Honeywell growth              

Smiths Detection sees first growth in 54 months

Reduced aviation sales continue to hold back OSI Systems

R&D rate halves at SDL Technology

Appointments

April 2023 – content

Life Sciences 

Funding to push thermal-sensitive DNA synthesis to commercial stage 

Berkeley Lights buys IsoPlexis to create functional cell biology company

Multi-omics instrument start-up Pleno wins funding

Cytek acquires flow cytometry business from DiaSorin

Seqonce Bioscience relocates headquarters

Molecular Devices enters commercial deals and buys organoid specialist

CN Bio and FDA expand organ-on-a-chip collaboration

Via Scientific launches new multi-omics analytics platform

Life science markets remain main targets for Danaher 2022 acquisitions

General Laboratory

SFC company expands Büchi’s offering of prepLC

PerkinElmer completes sale of AFE businesses

Idex HTS grows with acquisition of micro-precision parts manufacturer

Evident share transfer completed after three-month delay

Module generates UHP nitrogen for LC-MS collision experiments

Process & hand-held instrumentation

Major restructuring sees Danaher spin-off its EAS division

Univercells raises funds for DNA production business

Spectricity launches spectral sensor to enable multi-spectral phone cameras

Ocean Insight buys hand-held LIBS line from Rigaku

Emerson enters digital partnership for life science process automation

Metso Outotec launches LIBS for mineral sorting

Feature

SLAS 2023: It’s back and stronger than ever

Financials

Continuing PerkinElmer operations still reeling under declining pandemic demand

Underlying growth and acquisitions help Eurofins overcome Covid sales decline

Price increases improve organic growth figures at Danaher’s life science divisions

Sales growth at Cytek stays below forecast

Quanterix’ strategic realignment affects 2022 results

HST drives Idex on strong demand from life science and analytical instrument markets

Grant Instruments grows at 28% in calendar 2021

TFS relies on acquisitions to report sales growth for 2022

PE’s sold AFE businesses report single-digit growth rates during 2022              

Post-pandemic recovery at HEL continues

Chinese pandemic policy shift causes havoc in Waters’ final quarter

Sensor & Control division’s growth at SDI “all acquisition driven”              

Genevac achieves record sales despite pandemic impact NIB

Vaisala’s IM segment exceeds expectations

Acquisitions help Teledyne report double digit annual growth

Record sales and losses at Kromek NIB

Danaher EAS’ water quality businesses generate 9% annual growth

ATS’ half-year growth supplied by acquisitions

Acquisition helps ITW’s Test & Measurement and Electronic division NIB

Appointments

March 2023 – content

Life Sciences

SourceBio delists and transfers HQs

Binding Site expands TFS’ cancer diagnostics expertise

IDT sets eyes on cancer research market

CMS Scientific deepens collaboration with Agilent

New method for DNA synthesis ready for commercial launch

Leica Microsystems enters two partnerships

General Laboratory

Leading MS and LC firm to buy macromolecular characterisation specialist

Halma acquisitions over last two years benefit all segments              

Agilent partners with Plasmion

Equity investor to purchase majority of major EM developer

Acquisition to expand Xylem’s North American reach

Pfeiffer invests into expansion of logistics and production

Process & hand-held instrumentation

Biotage expands chromatography offering into bioprocessing with acquisition

Yokogawa snaps up polymerisation monitoring company

PID gas sensor expert expands with acquisition

Health Care division to be spun-off by 3M

Timegate signs distributor for UK and Irish markets

Feature

TDA 2023 Outlook: Industry’s growth to be fuelled by North American market

Financials

AddLife’s Labtech division still grapples with falling pandemic demand              

Covid-test demand drop halves SourceBio six-month revenues

BICO reports record sales despite waning Covid demand

All three Porvair divisions contribute to double-digit organic growth

Completed food safety transaction dominates Neogen’s results in first fiscal half              

Roche Dx still buffeted by declining pandemic-related sales

G&H under par despite growth at LSB and Industrial

Currencies and acquisition tailwinds amount to two thirds of OI’s growth

Pfeiffer AIRD division driven by industrial vacuum demand

Agilent’s growth driven by chemical, materials and pharma customers

Acquisitions and currencies boost Halma’s first-half revenues              

Recovery in oil and gas, and petrochemical markets buoys Yokogawa              

Transfer of food safety business and currencies obscure 3M Health Care’s organic growth

Over half of Parker-Hannifin’s growth from acquisition

DI division experiences strong growth at Siemens

Appointments