USA-based life sciences company Sigma-Aldrich (Nasdaq: SIAL) has entered into an agreement to acquire US antibody company Cell Marque in a move to strengthen its antibody portfolio.
Sigma-Aldrich expects this acquisition to be neutral to mildly accretive to earnings per share in 2015. Terms of the transaction were not disclosed. The transaction, which is subject to regulatory approvals and other customary closing conditions, is anticipated to close by the end of 2014.
Cell Marque, which designs, develops and manufactures antibody reagents and kits, is well-recognized in immunohistochemistry (IHC) for its high quality products and technical expertise, including validated, fit-for-purpose antibodies and IHC staining kits aimed at pathologists and clinicians focused on patient management. The company employs more than 90 people.
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