United States

Charles River Labs says acquires Agilux Labs for $64 mln

Wednesday, 28 Sep 2016 04:30pm EDT 

Charles River Laboratories International Inc : Charles river laboratories acquires Agilux Laboratories, Inc . Deal for $64 million . Says acquisition is expected to be neutral to Charles River's non-gaap earnings per share in q4 of 2016 . Agilux will be reported as part of charles river's discovery and safety assessment (dsa) segment . Purchase price was approximately $64 million in cash, . Agilux is expected to generate full-year revenue of $27 million in 2016 .Acquisition is expected to be slightly accretive to non-gaap earnings per share in 2017.