Replies to post #1 on Layne Christensen Company fka LAYN

[frenchee]

Layne Christensen Co. (LAYN) acquired SolmeteX, a specialized chemistries developer, for $13.5 million.

The water supply services provider expects the deal to add to earnings in fiscal 2009, net of the research and development effort acquired with the business.

Layne posted 2007 revenue of about $722.8 million.