Thermo Electron Corporation Acquires Isotope Ratio Mass Spectrometry Provider GV Instruments Limited
WALTHAM, Mass., July 20 /PRNewswire-FirstCall/ -- Thermo Electron Corporation , the world leader in analytical instruments, today announced it has acquired GV Instruments Limited of Manchester, UK, a manufacturer of isotope ratio mass spectrometers (IRMS) for approximately $21 million (11.6 million pounds), subject to a post closing adjustment. The acquisition enables Thermo, already a leading IRMS manufacturer, to offer additional solutions in high precision isotope ratio determination used in earth sciences, medical and life sciences applications. In particular, GV Instruments will add the capability of Noble Gas Isotope Mass Spectrometry to Thermo's product offering for use in climate research, food and flavor analysis for origin and authenticity, agriculture research, as well as medical and life sciences research and analysis.
"By adding the complementary range of products from GV Instruments, Thermo can now offer the most sophisticated IRMS solutions to a variety of significant fields of earth science research such as geochemistry, geochronology and climate research, just to name a few," said Marijn E. Dekkers, president and chief executive officer of Thermo Electron. "Additionally, GV Instruments' customers will have access to Thermo's global presence and world-class customer support."
About Thermo Electron
Thermo Electron Corporation is the world leader in analytical instruments. Our instrument solutions enable our customers to make the world a healthier, cleaner and safer place. Thermo's Life and Laboratory Sciences segment provides analytical instruments, scientific equipment, services and software solutions for life science, drug discovery, clinical, environmental and industrial laboratories. Thermo's Measurement and Control segment is dedicated to providing analytical instruments used in a variety of manufacturing processes and in-the-field applications, including those associated with safety and homeland security. For more information, visit http://www.thermo.com.
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Media Contact Information: Investor Contact Information: Lori Gorski Kenneth J. Apicerno Phone: 781-622-1242 Phone: 781-622-1111 E-mail: lori.gorski@thermo.com E-mail: ken.apicerno@thermo.com Website: http://www.thermo.com
Thermo Electron CorporationCONTACT: Media Contact Information: Lori Gorski, +1-781-622-1242,lori.gorski@thermo.com, or Investor Contact Information: Kenneth J.Apicerno, +1-781-622-1111, ken.apicerno@thermo.com
Web site: http://www.thermo.com/
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