NEW YORK (GenomeWeb News) – Bruker today announced an agreement to acquire liquid chromatography firm Michrom Bioresources for an undisclosed amount.
Michrom, based in Auburn, Calif., provides LC instruments, accessories, and consumables to the life science, chemical, and applied markets.
Bruker said it plans to retain all of Michrom's employees. Kerry Nugent, the founder and president of Michrom, will become senior vice president of liquid chromatography at Bruker.
The deal is expected to close in a few weeks. In 2010, Michrom generated approximately $3 million in revenues.
Collin D'Silva, president of Bruker's Chemical and Applied Markets division, said that Michrom's offerings are "highly complementary" to his firm's mass spec products, and noted that Michrom's recently launched Advance nanoflow UHPLC platform and CaptiveSpray Ionization sources "will provide our customers with significant gains in throughput, sensitivity, and robustness for proteomics and other nano and capillary flow LC-MS applications."
With the deal, Bruker becomes the latest company with a significant mass spec business to acquire a complementary LC business. A year ago, AB Sciex purchased the LC business of Eksigent, and Thermo Fisher Scientific is the process of buying chromatography company Dionex.
Yesterday, Bruker announced that revenues for its fourth quarter climbed 14 percent.