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Fisher Scientific acquires European distributor. (Executive briefing: news, trends & market...

Hampton, NH 7/31/02 -- As part of its second quarter 2002 earnings release, Fisher Scientific announced it has acquired Netherlands distributor Retsch BV and its associated distributor Emergo. The company's annual revenues total approximately $14 million. Fisher stated that the acquisition will

increase its presence in Northern Europe.

Fisher stated that the acquisition is part of a restructuring of its Belgium and Netherlands operations, and that Retsch BV management will take a larger role in Fisher's European organization. The move may also be designed to counter VWR's strong European distribution business.

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