Microbiologics has announced that it has acquired the assets of Gibson Laboratories and established a new wholly-owned subsidiary, Gibson Laboratories, LLC.
Gibson Laboratories, based in Lexington, Kentucky, will retain key members of its management team who will report to Microbiologics chief executive offer, Robert Coborn.
Gibson Laboratories founder and chief executive officer, Cecil Gibson, announced his retirement from the business concurrently with the transaction.
Since its founding in 1989, Gibson Laboratories has demonstrated success in specialty media products, micro-organisms, diagnostics, and proficiency testing supplies.
Gibson Laboratories has been active and successful in new product development.
The company also does contract manufacturing for several well-known clients.
Gibson's list of customers includes hospital and healthcare laboratories as well as food and pharmaceutical manufacturers.
Microbiologics brings a worldwide distribution system and its own complementary line of branded micro-organism products to the portfolio of the combined company.