Thermo acquires Jouan.
The is the first significant acquisition for Thermo since its strategic reorganization efforts began three years ago. At first blush seems a bit odd as Thermo has given so much emphasis to instrumentation. However, Jouan gives Thermo a much more extensive portfolio of lab equipment, especially in the important sample preparation arena. It also greatly enhances its European market efforts on the equipment side. Dow Jones Business News reports 2002 sales for Jouan of $107.2 million.
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|Title Annotation:||Executive briefing: news, trends & market intelligence for instrument executives; Thermo Electron Corp.; lab equipment maker Jouan S.A.|
|Publication:||Instrument Business Outlook|
|Date:||Sep 30, 2003|
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