HAMPTON, N.H. (AP) – Fisher Scientific International Inc., a distributor of scientific equipment and instruments, said it will acquire Clintrak Pharmaceutical Services for $125 million in cash from a group of investors, including Bear Growth Capital Partners.
Clintrak, a provider of clinical-trial printing services, had 2005 revenue of about $31 million.
The acquisition is expected to close in the second quarter, Fisher said.
Fisher also acquired TC Tech, a supplier of sterile fluid-handling bags and fluid transfer components.
Financial terms of the transaction were not disclosed.
Fisher is funding the acquisitions with cash-on-hand and bank borrowings. The company expects the acquisitions to not affect its 2006 earnings per share and to be accretive in 2007.
Shares of Fisher fell 2 cents to close at $67.23 on the New York Stock Exchange.
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