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Form 8-K · Current Report · Filed 2026-03-16

Waters Corporation Completes Acquisition of Becton, Dickinson and Company's Biosciences and Diagnostic Solutions Business

Waters Corporation has completed the acquisition of Becton, Dickinson and Company's (BD) Biosciences and Diagnostic Solutions business, referred to as the SpinCo Business.

Filer
Waters Corporation WAT · NYSE
Filed
Accession
0001193125-26-107339
CIK
0001000697
Signal
High impactHealthcare

Details

The unaudited condensed combined financial statements for the SpinCo Business for the three months ended December 31, 2025, and 2024, show total net sales of $766 million and $834 million, respectively. The SpinCo Business reported net income of $49 million for the three months ended December 31, 2025, compared to $78 million for the same period in 2024. The acquisition is expected to enhance Waters' position in the life sciences market.

Items reported

Item events

Reported Item

M&A Transaction Spin-Off Financial Instrument Agreement

Market reaction

Close before filing

$286.57

Next session

+3.6%

Since filing

+31.7%

Latest close

$377.31

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from WAT reporting the same item, with the next session's move:

About Waters Corporation

Waters Corporation is a leading entity in the field of analytical instruments and software. It primarily focuses on providing laboratory solutions for a variety of sectors, including pharmaceuticals, healthcare, food and beverage, and chemical analysis. The company's offerings include high-performance liquid chromatography, mass spectrometry systems, and various supporting technologies used for advanced research in life sciences. Waters Corporation is pivotal in enhancing laboratory productivity, offering cutting-edge research tools that assist in drug development, quality control, and environmental testing. Operating globally, it serves a wide array of clients, including academic institutions, government agencies, and private industry players. With its commitment to innovation and precision, Waters Corporation plays a crucial role in advancing scientific and technological progress in multiple critical industries worldwide.

Exchange NYSE Industry Diagnostics & Research Company website ↗

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