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Business

Eastman sells Centrus unit

February 27, 2006 | A version of this story appeared in Volume 84, Issue 9

Eastman Chemical has sold its Centrus International subsidiary to Neogen for $3.3 million. Centrus, which had sales last year of about $2.8 million, produces Soleris, a microbial-contamination-testing system. Neogen markets other products to the food and animal safety market but says it did not have a product in the general microbial rapid-test market. Eastman launched Centrus in February 2005 but says it is no longer a core business.

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