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Article: Varian, Inc. Acquires Polymer Laboratories Ltd.(Company Profile)
- Article from:
- PR Newswire Europe
- Article date:
- November 8, 2005
CopyrightCOPYRIGHT 2005 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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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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