Adds Fluka, Hydranal and Chromasolv brands to portfolio
Honeywell has completed the acquisition of Sigma-Aldrich's laboratory research chemicals business, in a move that will broaden the firm's high-purity solutions for drug discovery, medical diagnostic testing and other laboratory applications.
No financial details have been released.
The acquisition includes the Fluka solvents and inorganic chemistry portfolio worldwide, as well as Sigma-Aldrich's branded solvents and inorganic chemistry portfolio in the European Economic Area (EEA).
These products are now part of Honeywell's broader portfolio of offerings for research chemicals, which already includes the Riedel-de Haën and Burdick & Jackson brands.
The combined Honeywell business will be able to serve a broader range of customers and applications
'The combined Honeywell business will be able to serve a broader range of customers and applications with global brands recognised for world-class quality and lot-to-lot consistency – essential for a range of applications including drug synthesis, food, environmental, chemical and forensic testing,' said Qamar Bhatia, President of Honeywell's Speciality Products business.
The acquired business employs approximately 200 people, primarily in Seelze, Germany, with sales and marketing personnel throughout Europe.
Honeywell's Seelze plant, which manufactures Riedel-de Haën-branded products, currently makes the majority of the products in the acquired business.
The acquired business will be integrated into Honeywell's Fine Chemicals business, which has production sites at Seelze and at Muskegon, Michigan, US.
The combined business unit will develop and manufacture high-purity research chemicals and other materials used in new drug discovery, medical diagnostic testing and other laboratory applications.