Life sciences company PuriCore has acquired Somerset-based rival Labcaire Systems for up to $4.6 million (£2.7 million).

Life sciences company PuriCore has acquired Somerset-based rival Labcaire Systems for up to $4.6 million (£2.7 million).

Labcaire Systems is a provider of endoscope disinfection equipment to UK NHS hospitals, private hospitals, and primary care networks. The combined business raises the number of hospital sites from just over 200 to some 350. In the year ending June 2009, Labcaire generated a turnover of £8.7 million.

Greg Bosch, chief executive of PuriCore, says the deal strengthens the company’s position ‘as a leader in the UK endoscopy market and transforms two strong product lines into a world-class portfolio.’

In 2008, PuriCore reported an increase in revenue of 80.9 per cent to $33.7 million (£19.7 million).