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BRIEF-Hamilton Thorne announces the acquisition of Embryotech Laboratories

Published 2016-09-16, 08:29 a/m
© Reuters.  BRIEF-Hamilton Thorne announces the acquisition of Embryotech Laboratories
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Sept 16 (Reuters) - Hamilton Thorne Ltd HTL.V

* Hamilton Thorne announces the acquisition of Embryotech Laboratories

* Says transaction is expected to add over US$5 million of revenue and more than us$1.5 million to EBITDA in calendar year 2017

* Expected to increase 2017 EBITDA by over 100%

* Total consideration of approximately us$7.25 million

* Estimates this transaction will be accretive to earnings in 2016 Source text for Eikon: ID:nMKW8kVxla Further company coverage: HTL.V

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