my.chemeurope.com
With an accout for my.chemeurope.com you can always see everything at a glance – and you can configure your own website and individual newsletter.
05-07-2005: Danaher Corporation announced that it has signed a definitive agreement to purchase German-based Leica Microsystems AG from LM Investments S.à r.l. The purchase price amounts to an enterprise value of approximately EUR450 million, including assumed debt, pension liabilities, transaction costs and net of cash acquired.
The acquisition is subject to regulatory approval and customary closing conditions and is expected to close in the third quarter. Danaher expects minimal earnings per share accretion in 2005. Earnings per share accretion in 2006 is expected to be approximately EUR0.025.
H. Lawrence Culp, Jr., Danaher's President and Chief Executive Officer, said: "This transaction makes strong strategic and financial sense for both companies. Leica Microsystems' technology in high precision optical instrumentation and its well-known brand will extend Danaher's Professional Instrumentation segment into life sciences while complementing our existing critical care diagnostics and dental businesses. Leica Microsystems has an excellent management team, and working together we can improve the company's long-term performance and augment its growth on a global scale - both organically and through add-on acquisitions. We are pleased to have such a well-respected company become part of Danaher."
Dr. Wolf-Otto Reuter, Chief Executive Officer of Leica Microsystems, said: "We are very pleased to be announcing this partnership with Danaher. They are a long-term strategic investor with global resources that truly understands our engineering heritage and are committed to our future growth. As part of Danaher, we expect to be able to extend Leica Microsystems' leadership in its fields of operation, particularly in medicine and biotechnology."
Watchlist
This is where you can add this news to your personal favourites
Max Planck Innovation grants rights for developing new nanoscopic method to Leica Microsystems
Max Planck Innovation, the technology transfer organization of the Max Planck Society, grants Leica Microsystems, Wetzlar, an exclusive license for implementing the latest generation of optical microscopes with a resolution far below the diffraction limit (nanoscopes). This innovative optic ... more
Promega Corp. announced that it has signed an agreement with Leica Microsystems to enable fluorescent imaging of proteins in live cells. Under the terms of the agreement, Promega will develop fluorescent ligands for its HaloTag fusion proteins, that will be used to label proteins within liv ... more
Max Planck Innovation GmbH, the technology transfer agency of the Max Planck Society, has signed a co-exclusive license agreement with Leica Microsystems and Carl Zeiss MicroImaging GmbH for the RESOLFT (reversible saturable optical fluorescent transitions) technology, a method providing mo ... more
Sniffing Out the Secrets of Social Behavior
In his novel "Perfume - the Story of a Murderer", Patrick Süskind managed to put the power of odors into words better than anyone before him. It may be a fascinating idea, but no one will ever be able to create the perfect fragrance that makes a person irresistibly attractive. In the animal ... more
Leica Microsystems is a leading global designer and producer of innovative, high-tech, precision optical systems for the analysis of microstructures. It is one of the market leaders in each of its business areas: Microscopy, Confocal Laser Scanning Microscopy with corresponding Imaging Syst ... more
Leica Geosystems Metrology Products Whether building the fastest car, the biggest plane, or the most precise tooling, you need exact measurements to improve quality and productivity. So when it has to be right, professionals trust Leica Geosystems Metrology to help collect, analyze, and pre ... more
Danaher to Acquire Beckman Coulter, Inc. for $6.8 Billion
Danaher Corporation announced that it has entered into a definitive merger agreement with Beckman Coulter, Inc. pursuant to which Danaher will acquire Beckman Coulter by making a cash tender offer to acquire all of the outstanding shares of common stock of Beckman Coulter at a purchase ... more
Life Technologies to Sell Mass Spectrometry Business to Danaher for $450 Million in Cash
Life Technologies Corporation announced it has signed a definitive agreement to sell its ownership stake in its mass spectrometry business, operated as a joint venture, to Danaher Corporation for $450 million in cash. Danaher has also signed an agreement to acquire Life Technologies’ joint ... more
Danaher Announces Definitive Agreement to Acquire Leica Microsystems
Danaher Corporation announced that it has signed a definitive agreement to purchase German-based Leica Microsystems AG from LM Investments S.à r.l. The purchase price amounts to an enterprise value of approximately EUR450 million, including assumed debt, pension liabilities, transaction cos ... more
Über CHEMIE.DE
CHEMIE.DE Information Service GmbH runs specialist scientific internet portals. The secret to our success? We are familiar with what we publish.
Advertising at CHEMIE.DE
Our advertising formats support you in getting your message across to a clearly defined target audience.
© 1997-2013 CHEMIE.DE Information Service GmbH, All rights reserved
Netmeeting
