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Bruker To Acquire Certain Varian Product Lines

Varian has reported that Bruker and Agilent Technologies have entered into a definitive asset purchase agreement pursuant to which Bruker will acquire certain product lines of Varian.

Varian is a supplier of scientific instruments and vacuum technologies for life science, environmental, energy and applied research and other applications. The company provides complete solutions, including instruments, vacuum products, laboratory consumable supplies, software, training and support through its global distribution and support systems.

As previously reported, Agilent has been committed to divest those product lines in connection with obtaining regulatory approval for Agilent’s pending acquisition of Varian.

The product lines of Varian to be acquired by Bruker are: Varian’s inductively coupled plasma mass spectrometry (ICP-MS) instruments business; laboratory gas chromatography (Lab GC) instruments business; and gas chromatography triple-quadrupole mass spectrometry (GC-MS QQQ) instruments business.

Agilent and Bruker have reported that their transaction is subject to customary closing conditions and regulatory approvals, and is expected to close shortly after Agilent completes its acquisition of Varian.