Title: Atlanta-based Serologicals to Acquire Linco Research for $74.8 Million
Date: 3/24/2006
Serologicals, an Atlanta-based developer of biological products for research and drug discovery, has agreed to pay $74.8 million to acquire LINCO, a St. Louis-based supplier of research assays and test kits. LINCO is privately owned and has 109 employees. The company forecasts about $22 million in revenue for 2006. Serologicals employs a total of about 1,000 people worldwide in California, Virginia and Atlanta. For more information, visit www.serologicals.com.