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Leica Microsystems Acquires Labindia¡¡¥s Microscopy and Histopathology Divisions
04/24/2013 23:08:06
In a move set to boost growth with a local presence in India, Leica Microsystems (Wetzlar, Germany) acquired the microscopy and histopathology divisions of Labindia Instruments Pvt. Ltd. (Thane, India).
This move comes after more than 20 years during which Labindia has successfully distributed Leica’s products in India. Over 130 associates from Labindia have transferred to Leica Microsystems to sustain continuity for existing customers who will continue to benefit from Labindia’s experience of their needs and applications. The acquisition is the culmination of a long partnership, and supports Leica Microsystems’ strategy to expand its operations in India.
“Leica Microsystems’ expansion of its commercial operations in India creates extended opportunities for interaction, collaboration, and innovation to benefit all of our customers in the life sciences, industrial laboratories and hospitals for both diagnostics and surgery,” explains Arnd Kaldowski, president Leica Microsystems. “This acquisition will enable closer contact with our customers so that we can better support them in their day-to-day work.”
Vijay Bibikar, director Labindia, commented, “We are convinced that at this point in time this agreement is a logical further step in the long history of close cooperation between Labindia and Leica Microsystems and that it will be beneficial to all our customers.” Says Kaldowski: “We highly appreciate the work that our partner Labindia has done driving our business in India to its present high level. We are excited about the future potential of the Indian market and the potential to help our customers to meet with their professional challenges.”
Leica Microsystems is a world leader in microscopes and scientific instruments. Leica Microsystems is organized in four divisions: the Life Science Division, Industry Division, Biosystems Division, and Medical Division. Leica Microsystems’ Biosystems Division, also known as Leica Biosystems offers histopathology laboratories a product range for each step in histology and for high levels of productivity in the working processes. The company is represented in over 100 countries with 12 manufacturing facilities in 7 countries, sales and service organizations in 19 countries, and an international network of dealers.
