IVD Technology
Magazine
IVDT Article Index
Originally published November, 1997
Dade Behring makes it official
In October, Dade International (Deerfield, IL) and the Behring Diagnostics unit of Hoechst AG (Frankfurt, Germany) completed their long-awaited merger, officially forming a new company called Dade Behring, Inc.
Announced last March, the merger was approved by the U.S. Federal Trade Commission in August and by the Commission of the European Communities in early September. The new company will be headquartered in Deerfield, IL, with a branch office in Frankfurt.
With annual sales of approximately $1.5 billion, the new company is temporarily the world's third-largest IVD firm, pending completion of the recently announced purchase of Coulter Corp. (Miami) by Beckman Instruments (Fullerton, CA). When approved, the partnership of Beckman and Coulter is expected to earn annual revenues of $1.7 billion, pushing it ahead of Dade Behring.
