---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-146126"
form_type: "8-K"
ticker: "WAT"
cik: "0001000697"
company_name: "WATERS CORP /DE/"
filed_at: "2023-05-16T23:59:59+00:00"
generated_at: "2026-06-14T23:00:38.014402+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Waters completes $1.36B cash acquisition of Wyatt Technology

## Summary
- Total purchase price of $1.36B in cash, financed via balance sheet and credit facility.
- Wyatt Technology generates >80% revenue from large molecule applications, accelerating Waters' bioanalytical business.
- Deal expected to be accretive to adjusted EPS from Q1 2024; >$70M annual revenue synergies by year five.
- Addressable market for cell/gene therapies projected at $1.8B with 10-12% annual growth.
- Transaction expected immediately accretive to revenue growth and margin profile.

## SEC filing metadata
- accession: 0001193125-23-146126
- form_type: 8-K
- ticker: WAT
- cik: 0001000697
- company_name: WATERS CORP /DE/
- filed_at: 2023-05-16T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 2.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1000697/000119312523146126/0001193125-23-146126-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1000697/000119312523146126/d462926d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-146126
- JSON: https://secwatch.observer/filing/0001193125-23-146126.json
- Plain text: https://secwatch.observer/filing/0001193125-23-146126.txt

## Key facts
- M&A Transactions
  WATERS CORP /DE/ completed an acquisition involving Wyatt Technology LLC for $1,360,000,000 in cash (closed 2023-05-16).
  - Action: acquisition
  - Counterparty: Wyatt Technology LLC
  - Consideration: $1,360,000,000 in cash
  - Closing: 2023-05-16
  source text: and Geofrey Wyatt in his capacity as representative of the Shareholders (“Representative”). The total purchase price payable to the Shareholders of Wyatt Technology was $1,360,000,000 in cash, as adjusted for closing cash, closing indebtedness, closing working capital and closing transaction expenses, in each case as set forth in the Purchase Agreement (the
  evidence_url: https://www.sec.gov/Archives/edgar/data/1000697/000119312523146126/0001193125-23-146126-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.