Singapore, July 13 -- Japan-based Shimadzu Corporation has completed the acquisition of all shares of Glass HoldCo s.r.o., which indirectly holds all shares of Tescan Group, a Europe-based pioneer in electron microscopy, thereby making Tescan a wholly owned subsidiary.

This transaction completes the share acquisition procedures for Glass HoldCo s.r.o. that Shimadzu announced on December 25, 2025. The acquisition price is $711 million (JPY 115.2 billion, calculated at an exchange rate of JPY 162 to USD 1). Tescan is expected to be included in Shimadzu's consolidated balance sheet from the second quarter of the fiscal year ending March 2027, and in its consolidated statement of income from the third quarter of the same fiscal year.

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