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Leica Microsystems Acquires Labindia’s Microscopy and Histopathology Divisions

Leica Microsystems and Labindia Leica Microsystems, a world leading provider of microscopy systems and total histology solutions, today announced that it has acquired the microscopy and histopathology business of Labindia Instruments Pvt. Ltd., a leading solutions and service provider in India. This transition 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 wide experience of their needs and applications. In effect the acquisition is a natural culmination of a long and fruitful 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."

Labindia's and Leica Microsystems' shared history dates back to the end of the 1980s when the Indian company started serving Indian customers of Reichert Jung, which shortly afterwards became part of Leica. Vijay Bibikar, Director Labindia, comments: "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."

For further information about Leica Microsystems visit www.leica-microsystems.com

Leica Microsystems is a world leader in microscopes and scientific instruments. Founded as a family business in the nineteenth century, the company's history was marked by unparalleled innovation on its way to becoming a global enterprise.

Its historically close cooperation with the scientific community is the key to Leica Microsystems' tradition of innovation, which draws on users' ideas and creates solutions tailored to their requirements. At the global level, Leica Microsystems is organized in four divisions, all of which are among the leaders in their respective fields: the Life Science Division, Industry Division, Biosystems Division and Medical Division.

Leica Microsystems' Biosystems Division, also known as Leica Biosystems, offers histopathology laboratories the most extensive product range with appropriate products for each work step in histology and for a high level of productivity in the working processes of the entire laboratory.

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. The company is headquartered in Wetzlar, Germany.


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