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Business
GE Will Buy Filter Company Whatman
February 11, 2008
| A version of this story appeared in
Volume 86, Issue 6
GE Healthcare will pay roughly $713 million to acquire Whatman, the Kent, England-based separations technology firm. The deal helps expand GE's life sciences business, which the company calls "a key area of growth." GE gains a broad range of filters and membranes that complement its technologies and products for biopharmaceuticals research and production. Whatman has struggled with supply-chain and manufacturing issues and in the past six months has undergone a major restructuring to improve the health of its business.
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