Vermont-based BioTek company sold for nearly $1.2b

AP

Print Article

BURLINGTON, Vt. (AP) A Vermont company that makes medical equipment has been sold to a California company for nearly $1.2 billion.

The sale of BioTek Instruments to Agilent Technologies was announced Thursday.

BioTek President and CEO Briar Alpert, whose family has run the Winooski-based company for the last 50 years, says he expects the sale to close in a few months.

Alpert says Agilent paid cash for the Vermont company. The California-based Agilent employs more than 15,000 people worldwide and had nearly $5 billion in revenue last year.

Alpert says Agilent is committed to keeping the company in Vermont and retaining its 500 employees.

BioTek employs about 500 people, of whom 300 work in Winooski.

Print Article

Read More Business

The Latest: Hawaii crews installing highway barriers

AP

July 15, 2019 at 4:26 pm | MAUNA KEA, Hawaii (AP) The Latest on the start of work to build a massive telescope on a site considered sacred by some Native Hawaiians (all times local): 12:30 p.m. Hawaii officials say c...

Comments

Read More

GAO: EPA skirted procedures in overhaul of science boards

AP

July 15, 2019 at 4:17 pm | WASHINGTON (AP) The Environmental Protection Agency skirted some of its usual procedures and ethics rules when it overhauled key agency advisory boards, slashing the numbers of academic scientists ...

Comments

Read More

Joe Biden draws line against progressives on health care

AP

July 15, 2019 at 4:11 pm | DES MOINES, Iowa (AP) Joe Biden is taking an aggressive approach to defending the Affordable Care Act, challenging not just President Donald Trump but also some of his rivals for the Democratic pre...

Comments

Read More

Oklahoma AG calls company 'kingpin' in state's opioid crisis

AP

July 15, 2019 at 4:04 pm | NORMAN, Okla. (AP) Consumer products giant Johnson & Johnson was a "kingpin" company that helped fuel the most devastating public health crisis in Oklahoma history, the state attorney general argue...

Comments

Read More

Contact Us

(608) 365-8811
149 State Street
Beloit, WI 53511

©2019 Beloit Daily News Terms of Use Privacy Policy
X