Becton Dickinson announces completion of acquisition of Difco Laboratories.FRANKLIN LAKES, N.J.--(BUSINESS WIRE)--June 2, 1997--Becton Dickinson and Company (NYSE NYSE See: New York Stock Exchange : BDX BDX Bordeaux (France) BDX Becton-Dickinson and Company (stock symbol) BDX Business Document Exchange BDX Burst Detector X BDX Beacon Data Extractor ), the global medical technology corporation, announced today that, following receipt of government approvals and clearances, it has completed the previously announced acquisition of Difco Laboratories Incorporated, a Michigan-based manufacturer of microbiology media and supplies. Becton Dickinson BD (NYSE: BDX), is a medical technology company that manufactures and sells medical devices, instrument systems and reagents. Founded in 1897 and headquartered in Franklin Lakes, New Jersey, BD employs 27,000 people in nearly 50 countries. said the acquisition of Difco will broaden the product array of its microbiology business, Becton Dickinson Microbiology Systems (BDMS BDMS Blend-Down Monitoring System BDMS Bright Drawn Mild Steel BDMS Balanced Digital Multipoint System BDMS Baseline Database Management System BDMS Binary Delta Modulation System BDMS Berlin Descriptive Mortality Studio BDMS Basic Data Management System ), which is based in Sparks, Maryland. "The acquisition of Difco, with its strong foundation in industrial microbiology, will enable us to reach beyond infectious disease Infectious disease A pathological condition spread among biological species. Infectious diseases, although varied in their effects, are always associated with viruses, bacteria, fungi, protozoa, multicellular parasites and aberrant proteins known as prions. diagnostics and give us a fast entry into the industrial segment, which offers greater worldwide growth potential," said Vincent A. Forlenza, president of BDMS. Difco has manufacturing and research facilities in the United States in Colorado, Georgia, Michigan and Wisconsin, and outside the United States in England and Germany. Difco's revenues for the year ended December 31, 1996 (excluding its ESP (1) (Enhanced Service Provider) An organization that adds value to basic telephone service by offering such features as call-forwarding, call-detailing and protocol conversion. blood culture business, which was recently sold to AccuMed International, Inc.) were $82 million. Becton Dickinson manufactures and sells a broad range of medical supplies and devices and diagnostic systems for use by health care professionals, medical research institutions and the general public. For the fiscal year ended September 30, 1996, Becton Dickinson had total operating revenues of $2.8 billion and net income of $283 milllion. CONTACT: Becton Dickinson and Company, Franklin Lakes R. Jasper, 201-847-7160 |
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