Tecan successfully completes the acquisition of Paramit

Ad hoc announcement pursuant to Article 53 of the SIX Exchange Regulation Listing Rules Männedorf, Switzerland, August 2 2021 – The Tecan Group (SIX Swiss Exchange: TECN) announced today that it has successfully completed the acquisition of US-based Paramit Corporation and its affiliates (“Paramit”) for a total purchase consideration of USD 1.0 billion (CHF 920 million). On June 23, 2021, Tecan... Read more

Tecan expands its commercial reach, its capabilities and its US and Asia presence with the acquisition of Paramit Corporation

Tecan to acquire Paramit Corporation, a leading OEM developer and manufacturer of medical devices and life sciences instruments, for a total consideration of USD 1.0 billion (CHF 920 million)  In full year 2021, Paramit is expected to generate around USD 280m in sales (CHF 257m) and around USD 50m EBITDA (CHF 46m), before acquisition-related costs  Transaction expected to be immediately and significantly accretive to earnings per share (EPS) upon closing  Adds complementary expertise, broadens design, development and manufacturing capabilities Expansion into the attractive and fast-growing medical... Read more

Discover the DreamPrep NAP Featuring Zymo Research Workstation and Jump Start Your Nucleic Acid Processing

IRVINE, Calif., (Feb. 3, 2020) — Tecan’s new DreamPrep NAP workstation is designed to simplify your nucleic acid extraction workflows. Tecan has collaborated closely with Zymo Research to offer a ready-to-go processing solution for the ZymoBIOMICS™ 96 MagBead DNA Kit, including walkaway quantification and normalization with an on-board Infinite® 200 PRO reader. The DreamPrep NAP featuring... Read more

Tania Micki to succeed long-time CFO Rudolf Eugster in Q1 2020 with effect from 2019 annual financial statements

Männedorf, Switzerland, August 30, 2019 – Tecan Group Ltd. (SIX Swiss Exchange: TECN) announced today that the Board of Directors has appointed Tania Micki to succeed Dr. Rudolf Eugster as Chief Financial Officer (CFO) of Tecan and a member of the Management Board. Rudolf Eugster will be leaving the Company following the annual financial statements 2019... Read more

Tecan successfully completes the acquisition of supplier of key parts

Männedorf, Switzerland, May 31, 2019 – The Tecan Group (SIX Swiss Exchange: TECN) announced today that it has successfully completed the acquisition of a supplier of key parts. On March 22, 2019, Tecan announced the acquisition of a long-term supplier to vertically integrate the manufacturing of critical precision-machined parts. With two manufacturing sites, one in California,... Read more

Tecan publishes 2018 Annual Report and notice of its Annual General Meeting

Männedorf, Switzerland, March 26, 2019 – The Tecan Group (SIX Swiss Exchange: TECN) today announced the publication of its 2018 Annual Report in the Investor Relations section of the company’s website at www.tecan.com. An iPad App for the Tecan Financial Reports is available from the App Store. Tecan already published its 2018 financial results in a... Read more

Tecan to vertically integrate supplier of key parts

Männedorf, Switzerland, March 22, 2019 – The Tecan Group (SIX Swiss Exchange: TECN) announced today that it has signed agreements to acquire a long-term supplier to vertically integrate the manufacturing of critical precision-machined parts for its liquid handling pump portfolio. With two manufacturing sites, one in California, USA, and a second site in Vietnam, Tecan will... Read more

Tecan launches NGS DreamPrep™ delivering unprecedented speed and accuracy for automated library preparation

Maennedorf, Switzerland, February 05, 2019 – Tecan today announces the launch of NGS DreamPrep™, a fully-automated approach to next-generation sequencing (NGS) library preparation for research use. This groundbreaking new approach offers quality controlled, sequencing-ready NGS libraries in just a matter of hours, with minimal manual interaction and no sample loss. NGS DreamPrep™ is a full... Read more

Achim von Leoprechting promoted to become CEO of Tecan after retirement of David Martyr

Männedorf, Switzerland, January 15, 2019 – The Tecan Group (SIX Swiss Exchange: TECN) announced today the retirement of Tecan CEO Dr David Martyr after 6 1/2 years at the helm of the company. The Board of Directors has appointed Dr Achim von Leoprechting, Head of Tecan’s Partnering Business division, as the new Chief Executive Officer. He will... Read more