Olympus Sells Scientific Solutions Business to Bain Capital
TOKYO, Aug. 29, 2022 — Olympus is selling its wholly owned subsidiary EVIDENT Co. Ltd. to Bain Capital. The divestment, which is reportedly worth over $3 billion, will see all shares of EVIDENT transferred to Bain Capital on Jan. 4, 2023, subject to regulatory approvals and closing conditions. EVIDENT is Olympus' Scientific Solutions business. It manufactures life science and industrial microscopes, videoscopes, x-ray fluorescence analyzers, and other scientific instruments. Olympus has been a developer of