Original from: Agilent
Agilent Technologies Inc. (NYSE: A) today announced the successful completion of its previously announced acquisition of Biocare Medical, a global leader in clinical pathology, from an investor group led by Excellere Partners and GHO Capital Partners LLP. Following the close of the transaction, Biocare is now part of Agilent’s Life Sciences and Diagnostics Markets Group.
“We are pleased to complete our acquisition of Biocare, which represents a natural and strategic expansion of Agilent’s pathology portfolio and strengthens our ability to serve customers across clinical and research settings,” said Agilent President and CEO Padraig McDonnell. “At Agilent, we remain focused on investing in areas where we see clear opportunities to enhance our capabilities, accelerate customer-centric innovation and create long-term value for our shareholders. With Biocare’s talented team and complementary portfolio now part of Agilent, we are well positioned to build on our momentum and further support the evolving needs of our customers and partners.”
Agilent continues to expect the acquisition to be accretive to the company’s top-line growth rate, margin profile and non-instrument revenue mix in the first year, and to become accretive to Agilent’s EPS approximately 12 months following close of the transaction. The expected impact on Agilent’s FY2026 financials will be provided as part of our third quarter earnings release.
Source: Agilent Completes Acquisition of Biocare Medical
