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Business

PerkinElmer Signs For Instrument Firm

by Marc S. Reisch
December 1, 2014 | A version of this story appeared in Volume 92, Issue 48
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PerkinElmer has reached a definitive agreement to buy Stockholm-based Perten Instruments for $266 million. Perten, which has annual revenues of $65 million, makes portable near-infrared grain analyzers and other instruments to analyze food and feed quality. PerkinElmer says the deal, expected to close by the end of the month, will allow it to further penetrate the growing food-testing market.

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