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PerkinElmer buys Swedish analytical instrument maker

Nov. 24, 2014 12:59 PM ETRevvity, Inc. (RVTY) StockBy: Douglas W. House, SA News Editor
  • PerkinElmer (NYSE:PKI -0.3%) acquires Stockholm-based Perten Instruments Group AB for $266M. Perten manufactures advanced analytical instruments for quality control of food, grain, flour and feed. The transaction expands PerkinElmer's footprint in food testing.
  • Perten's top line is ~$65M. It should contribute ~$0.04 to PKI's earnings in 2015.

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