Mesa Labs completes the acquisition of GKE Science & Technology

Mesa Laboratories announced the completed acquisition of GKE-GmbH’s sterilization indicators business and its accredited, independent testing lab SAL GmbH on October 16th, 2023. Today, Mesa announced the completion of the acquisition of GKE’s Chinese sales entity, Beijing GKE Science & Technology effective December 31, 2023, which completes all related transactions. Together, the entities are referred to as “GKE.” The three GKE entities are expected to add EUR 19-EUR 20 million of revenues over the next 12 months and deliver mid-single digit organic revenues growth over the next several years. Excluding the impact of purchase accounting and integration expenses, we expect gross profit as a percentage of revenues to be in line with our existing SDC business and adjusted operating income1 as a percentage of revenues to approach 37%-40% over the next 12 months.