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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