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Whatman, the diagnostic products manufacturer with 1,100 staff in Maidstone, Banbury and throughout the world, is to be acquired by GE Healthcare for £363m.

Whatman is to acquire Schleicher & Schuell, the German supplier of laboratory instruments, for £35m.

Whatman is to sell its Whatman HemaSure blood filtration business to Pall Corporation of the US for £3.7m.

Whatman is to relocate its Banbury-based micro-filtration laboratory and 40 jobs to a new £4m site on the Wildmere Road estate early next year, with the creation of 75 new jobs.

Whatman is to acquire HemaSure, the US producer of blood filtration products, for up to £17m.

Whatman is to acquire Cambridge Molecular Technologies, the DNA purification company, for £4m.