Corning Buys Lab Supplies Business | April 16, 2012 Issue - Vol. 90 Issue 16 | Chemical & Engineering News
Volume 90 Issue 16 | p. 9 | News of The Week
Issue Date: April 16, 2012

Corning Buys Lab Supplies Business

Consumables: Acquisition of Becton, Dickinson & Co. business expands life sciences unit
Department: Business
Keywords: instrumentation, consumables, laboratory

Corning will pay about $730 million in cash to buy 75% of the discovery labware unit of Becton, Dickinson & Co. Expected to have sales this year of $235 million, the operations involved in the deal make and sell plastic consumable labware, liquid-handling products, cell-based assays, and life sciences research reagents. New Jersey-based BD will retain the discovery labware unit’s bioprocessing supplies business, which includes cell-culture media.

“The acquisition will . . .

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