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Instrumentation
PerkinElmer to sell off general analytical assets
by Craig Bettenhausen
August 14, 2022
| A version of this story appeared in
Volume 100, Issue 28
The lab-instrument maker PerkinElmer is selling its businesses serving traditional analytical chemistry markets to become a pure-play life sciences and diagnostics company. The buyer is the private equity firm New Mountain Capital, which for $2.45 billion will get the company’s applied, food, and enterprise services segments, as well as the PerkinElmer name. The portion being sold has annual sales of about $1.3 billion, compared with $3.3 billion for the yet-to-be-named life sciences and diagnostics business.
Chemical & Engineering News
ISSN 0009-2347
Copyright © 2024 American Chemical Society
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