Waters Corp. (WAT) Acquires Wyatt Technology
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Waters Corporation to Acquire Wyatt Technology, Light Scattering Instrument and Software Leader
February 15, 2023 6:45 AM ESTNews Summary:
Accelerates next phase of Waters strategy for growth and value creation through increased exposure in attractive, high-growth adjacent markets. Wyatt is a rapidly growing leader in light scattering technology and advanced software solutions with significant exposure to bioanalytical characterization including cell and gene therapies. Transaction is immediately accretive to revenue growth and margin profile, with adjusted EPS accretion beginning in Q1 2024 and high single-digit plus ROIC by year five.MILFORD, Mass.--(BUSINESS WIRE)-- Waters Corporation (NYSE: WAT) today announced... More
