Waters Corporation (NYSE:WAT) today announced that it has completed the
purchase of the net assets of Analytical Products Group, Inc. (APG) of
Belpre, Ohio, for an undisclosed amount. Waters® will
immediately merge APG into its existing Environmental Resource
Associates (ERA) operations to form the world’s most comprehensive
environmental proficiency testing (PT) and reference materials partner.
Current annual revenues for APG are approximately $4 million and the
acquisition is expected to be neutral to Waters Corporation’s 2009
earnings.
Existing and prospective laboratory customers stand to benefit
significantly through expanded availability of superior laboratory
standards, access to an innovative and secure data system, and the
assurance of leading regulatory and quality systems tools.
"Long recognized for its leading regulatory compliance business, ERA is
complemented perfectly by APG’s strengths in quality improvement through
proficiency evaluation,” said Carl Craig, President, Environmental
Resource Associates for the Waters Division.
About Waters Corporation: (www.waters.com)
Waters Corporation creates business advantage for laboratory-dependent
organizations by delivering practical and sustainable innovation to
enable significant advancements in such areas as healthcare delivery,
environmental management, food safety, and water quality worldwide.
Pioneering a connected portfolio of separations science, laboratory
information management, mass spectrometry and thermal analysis, Waters
technology breakthroughs and laboratory solutions provide an enduring
platform for customer success.
With revenue of $1.47 billion in 2007 and 5,000 employees, Waters is
driving scientific discovery and operational excellence for customers
worldwide.
Waters is a trademark of Waters Corporation.