Sigma-Aldrich Corp has acquired all outstanding shares of Cerilliant Corp, Round Rock, Tex, to strengthen its analytical chemistry product portfolio and to continue to deliver on its strategic growth plans. Cerilliant provides products that support the clinical diagnostics, environmental, nutraceutical, pharmaceutical, forensic, and clinical toxicology markets. Terms of the purchase were not disclosed. Sigma-Aldrich expects this acquisition to be neutral to mildly accretive to earnings per share in 2011. Cerilliant has been a portfolio company of Argenta Partners, Dallas, for the past 10 years.
Cerilliant boasts more than 2,800 products and 30 years in the design, development, synthesis, characterization, and packaging of analytical standards, calibrators, controls, and certified reference materials that are used in a wide range of analytical applications. Cerilliant is accredited to ISO Guide 34, ISO/IEC 17025 and is certified to ISO 9001:2008. Its extensive capabilities complement Sigma-Aldrich’s existing Fluka® and Supelco® analytical brands and will expand the Company’s analytical customer base and markets. Cerilliant employs 65 people at its state-of-the-art laboratory and manufacturing facility.
“Cerilliant’s strong product suite and solid relationships with customers and analytical equipment suppliers will bring important new business opportunities to our company’s analytical arena,” commented Russel Gant, VP of the analytical research business at Sigma-Aldrich. “Their experienced team and capabilities, combined with the quality and breadth of our current analytical brands, our broad scientific knowledge, and our powerful global footprint will provide analytical customers around the globe with access to a broad and ever-increasing range of specialized, high-quality analytical standards from a convenient and reliable single source.”
Source: Sigma-Aldrich Corp
