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StatLab Acquires American MasterTech

NEW YORK (360Dx) – StatLab Medical Products, a McKinney, Texas-based provider of histology, cytology, and immunohistochemistry diagnostic supplies, announced today that it has acquired American MasterTech Scientific.

American MasterTech offers a range of specialty laboratory products, including stains used by pathologists and laboratories in cancer diagnosis, and will operate as a wholly owned subsidiary of StatLab out of its existing manufacturing facility in Lodi, California.

Financial terms of the deal were not disclosed.

"The combination of American MasterTech's portfolio of high-quality stains and other laboratory products with StatLab's extensive product portfolio and sales and distribution capabilities accelerates our ability to achieve our vision of being the partner of choice for anatomic pathology laboratories," StatLab CEO Dan Eckert said in a statement. He added that the combined company will have 5,000 customers.