EVENTS | VIEW CALENDAR
ST. LOUIS, Mo.—Sigma-Aldrich Corp.'s analytical chemistry product portfolio recently experienced a large growth spurt, with the news that the company in late December acquired all outstanding shares of Cerilliant Corp., a supplier of reference standards and materials, for an undisclosed sum.
According to Sigma-Aldrich, Cerilliant's product suite and customer base will bring important new business to the company's current analytical brands—an already expansive umbrella that houses analytical techniques, chromatography, purification, sample preparation, analytical reagents, standards, spectroscopy, metabolomics and analytical microbiology. Now, with the addition of Round Rock, Texas-based Cerilliant, that umbrella has ballooned to include more than 2,800 products and more than 30 years of expertise in the design, development, synthesis, characterization and packaging of analytical standards, calibrators, controls and certified reference materials that are used in a wide range of analytical applications.
"Their experienced team and capabilities, combined with the quality and breadth of our current analytical brands, our broad scientific knowledge and our powerful global footprint, will provide analytical customers around the globe with access to a broad and ever-increasing range of specialized, high-quality analytical standards from a convenient and reliable single source," says Russel Gant, vice president of Sigma-Aldrich's analytical research business.
For the last decade, Cerilliant has been a portfolio company of Argenta Partners in Dallas, Texas. The standards company is well known for a continually expanding line of innovative new products, including a modern, robust quality system which incorporates cGMP, GLP and ISO requirements. Cerilliant is accredited to ISO Guide 34, ISO/IEC 17025 and is certified to ISO 9001:2008.
In particular, Cerilliant's extensive capabilities complement Sigma-Aldrich's existing Fluka and Supelco analytical brands, according to Gant.
"We've known Cerilliant for quite a few years," Gant says. "This acquisition was really a combination of many things: the people we know at Cerilliant, the company's reputation in the marketplace, the quality of products they have and their culture of innovation. We found all of these things to be very valuable."
Sherri Pogue, president of Cerilliant, said the deal brings to Cerilliant "the depth and breadth of resources that will allow us to continue to expand our development and offering of innovative products to support our customers' ever-evolving analytical requirements."
Sigma-Aldrich will maintain Cerilliant's state-of-the-art laboratory and manufacturing facility in Round Rock and the 65 employees who work there, and the center will become a Sigma-Aldrich "Center of Excellence." Pogue will serve as director of that center.
Terms of the purchase were not disclosed. Sigma-Aldrich expects the acquisition to be neutral to mildly accretive to earnings per share in 2011.
Gant says Sigma-Aldrich continues to look for opportunities to expand the company's analytical business segment.
"We're looking for all possible ways to expand our business, including partnerships and collaborations," he says. "We're also looking to continue strengthening our internal development organization. We're always looking for potential acquisitions if they can add something significant to what we currently have."