CHARLES RIVER LABORATORIES INTERNATIONAL, INC. acquires Genetic Models, Inc. (GMi)

CHARLES RIVER LABORATORIES INTERNATIONAL, INC. acquired Genetic Models, Inc. (GMi) for $4M, a transaction completed in July 2001, structured as All-cash purchase of all outstanding stock.

Genetic Models, Inc. (GMi) operates in Research Models and Services (RMS), is based in United States (Indianapolis, Indiana). Charles River acquired Genetic Models, Inc., an Indianapolis-based company offering proprietary, disease-specific rat models used in biomedical research. GMi's models supported research into diabetes, obesity, cardiovascular disease and kidney disease, complementing Charles River's research-models business.

Add proprietary, disease-specific rat models to Charles River's research-models portfolio for use in studying diabetes, obesity, cardiovascular and kidney disease.

Advisory firms were not disclosed for this transaction.

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