February 3, 2009
Waters Acquires Pittsburgh Co.
By Matthew L. Brown
Milford-based Waters Corp. has acquired the entirety of Pittsburgh-based Thar Instruments Inc., a company in which Waters already owned an equity stake.
Waters invested in Thar in June 2007. In the latest transaction, Waters acquired all the remaining outstanding capital stock of the privately-held company.
Financial details of the deal were not disclosed.
Thar makes chromatography equipment used to separate, isolate and quantify chemical compounds.
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