2024-04-24 14:50:10 ET
Summary
- Bruker Corporation has pursued multiple acquisitions, including smaller deals and two larger acquisitions, to transform into a fast-growing company.
- The company generated nearly $3 billion in revenues in 2023, with the majority coming from its scientific instruments business.
- The recent flurry of dealmaking will have a substantial impact on Bruker, with pro forma net debt expected to increase and the implications on margins and earnings still unclear.
Shares of Bruker Corporation ( BRKR ) hit the newswires as the company announced an interesting bolt-on acquisition. In fact, the company has pursued a flurry of deals so far this year, including multiple tiny deals as well as two larger acquisitions....
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For further details see:
Bruker Corporation: An Aggressive Acquisition Strategy