Labindia Divests Businesses

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This article was originally published in GEN Magazine on November 14, 2011.

“India-based Labindia Instruments is selling its mass spectrometry business to AB Sciex and its microscopy and histopathology business to Leica Microsystems. AB Sciex and Leica say that the transactions are a natural outcome of their respective supply arrangements with Labindia in India.

AB Sciex explains that its investment strategy in India is to combine its global resources, world-class scientific expertise, and product development leadership with well-established, local expertise, and on-site support to respond to the growing needs of India’s scientific community. The firm’s expansion of its commercial operations in India is expected to create … “

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