EG&G To Acquire Perkin-Elmer's Analytical Instruments Division
EG&G, Inc. (Wellesley, MA) has announced plans to acquire Perkin-Elmer's Analytical Instruments Division, which produces analytical testing instruments. EG&G expects to close this transaction during the second quarter.
"This is truly a strategic acquisition for us -- one that will allow us to build scale in our existing Instruments and Life Sciences units and to better position our company for continued growth," said Gregory Summe, president and CEO of EG&G, Inc.
Perkin-Elmer Analytical Instruments systems are widely used to achieve product uniformity in drugs and medicines, ensure the purity of food and water, protect the environment, measure and test the structural integrity of many different materials, and more.
The acquisition will complement EG&G's Instruments and Life Sciences product offerings and extend and strengthen EG&G presence in such areas as pharmaceuticals and food (bacteria) screening.
Ownership of the brand name "Perkin-Elmer" will be transferred to EG&G.
EG&G Instruments develops and manufactures products for a range of detection and measurement applications. EG&G also is a leading manufacturer of X-ray security products, including an advanced food inspection system that detects and automatically rejects foreign objects in foods, while ensuring quality control in processed foods.
Perkin-Elmer is a world leader in the development, manufacture, and marketing of life science systems and analytical instruments. Its Analytical Instruments Division, headquartered in Connecticut, is a leader in supplying a broad range of instruments to the pharmaceutical, environmental, food, chemical, petrochemical, and related industries.