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Deposition Sciences Inc. - Difficult Coatings - LB - 8/23

Thermo Electron to Acquire SPX Unit

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WALTHAM, Mass., Jan. 19 --- Thermo Electron Corp. announced today it will acquire the Kendro Laboratory Products division of SPX Corp. for $833.5 million in cash, subject to a post-closing balance sheet adjustment. Thermo has received a commitment for a credit facility of $600 million to finance a portion of the purchase price. The transaction is subject to regulatory approvals and other customary closing conditions. Kendro makes a variety of laboratory equipment for sample preparation, processing and storage used primarily in life sciences and drug discovery laboratories and in clinical...Read full article

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    Published: January 2005
    Basic ScienceindustrialKendro Laboratory Productslaboratory equipmentNews & Featuressample preparationSPXThermo Electron

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