Announced
Synopsis
StatLab, a developer and manufacturer of medical diagnostic supplies and equipment, agreed to acquire Knittel, a manufacturer of microscope slides and cover glass and provider of engineering consulting services to the broader glass manufacturing industry. Financial terms were not disclosed. “Our decision to partner with StatLab represents a shared vision of rapid operational innovation, and we’re excited to invest into our team and operations here in Germany as well as collaborate with our U.S. counterparts. I look forward to working with Dae, Joe, and the StatLab team to expand our footprint and increase our manufacturing capacity, delivering more value to our customers as a result,” Fabio Insalata, Knittel CEO.
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