Private equity firm invests in lab supplier.
The acquisition provides further evidence of the increasing popularity of the laboratory supplies sector for private equity firms. Founded in 1993, Axygen is based in Union City, California and offers 2,400 products. Axygen's acquisitions include Labnet (see IBO 12/15/ 04) and China's V-Gene Biotechnology.
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|Title Annotation:||Executive Briefing: News, Trends & Market Intelligence for Instrument Executives|
|Publication:||Instrument Business Outlook|
|Date:||Sep 30, 2006|
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