Article: Varian, Inc. Acquires Polymer Laboratories Ltd.(Company Profile)

PALO ALTO, California, November 8 /PRNewswire/ -- Varian, Inc. (Nasdaq: VARI) today announced that it has acquired PL International Limited, and its subsidiaries including Polymer Laboratories Ltd., a privately owned company based in the United Kingdom, for approximately US$42 million in cash net of acquired cash, subject to certain net asset adjustments. The transaction also includes an opportunity for additional purchase price payments over three years, depending on future financial performance. Those future payments could total up to US$23 million if aggressive performance targets are achieved. Polymer Laboratories is a leader in the development of consumables and ...

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