America's PerkinElmer is set to acquire Perten Instruments Group, supplier of advanced analytical instruments for quality control of food, grain, flour and feed.
The net purchase price of the deal is around $266m and the transaction is expected to close in December 2014.
With the accessibility of Perten's analysis platforms and food quality calibration database, PerkinElmer will be capable of ensuring better food safety and quality testing.
In addition, the company will have detection capabilities, materials characterisation and deterrent tools for chemicals, toxins and nutrients, along with analytics and data management.
PerkinElmer president (environmental health) Jon DiVincenzo said: "The combination of Perten's unique capabilities with PerkinElmer's portfolio of innovative analytical instruments will enable us to further penetrate the multi-billion dollar global food testing market, including longer-term opportunities in higher growth regions such as China.
"PerkinElmer will now be firmly positioned to help customers address rigorous regulations for food quality control, import/export product testing, and the need to preserve the integrity of global supply chains."
