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Add-on acquisition Jan 2016 · UK Verified

Haier Biomedical acquires Labtech business

Haier Biomedical acquired the business of its longtime UK distributor Labtech International, which had been selling Haier ultracold freezers for over six years, to provide more direct support to UK customers.

““This acquisition allows us to provide more support to our UK customers directly as well as providing greater vision of the needs of our customers to our research and development teams,” said Paul Young, CEO of Haier Biomedical.”

Entities

Haier Biomedical · Acquirer Labtech International · Target
Refrigeration

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