Euros50.2m Schleicher & Schuell deal will give Whatman 16% market share
This article was originally published in Clinica
Executive Summary
Whatman's planned purchase of Germany-based Schleicher & Schuell for £34.6m ($63.8m) will give the UK separations company a 16% share of the global lab sciences sector, making it the clear number three behind Millipore and Pall. The integration of Dassel-based S&S will increase Whatman's employee base by some 400 to over 1,110 and expand its sales by around 40%, the combined unit expecting sales in 2005 of some £116m, including £34m from S&S.