BD Acquires KIESTRA Lab Automation BV; Terms Not Disclosed

By Eddie Staley
Benzinga Staff Writer
February 13, 2012 9:03 AM

Symbols: BDX

Posted in: News, M&A

BD (NYSE: BDX) announced today that it has acquired KIESTRA Lab Automation BV, a Netherlands-based company that designs, develops, manufactures, markets and sells innovative lab automation solutions for the microbiology lab. The financial terms of the acquisition were not disclosed.

The transaction is expected to be slightly dilutive; however, BD reaffirms its previous guidance that reported diluted earnings per share from continuing operations for fiscal year 2012 are expected to be in the range of $5.60 to $5.70.

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BD Acquires KIESTRA Lab Automation BV; Terms Not Disclosed

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