Dade Behring Settling in after Years of Mergers, Acquisitions

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Byline: S. A. Mawhorr Daily Herald Business Writer

Dade Behring

Business: Medical diagnostics

Location: Deerfield

CEO: Jim Reid-Anderson

2002 revenue: $1.28 billion

2002 income: $230 million before taxes, depreciation, amortization and special charges

Web site: www.dadebehring.com

After emerging from Chapter 11 reorganization last fall in just 60 days, Deerfield-based Dade Behring made its debut on the Nasdaq stock market last month and watched its stock jump from about $14 to more than $19.

Now, Chief Executive Officer Jim Reid-Anderson is eyeing steady growth after years of mergers and acquisitions that ended up saddling the medical testing company with overwhelming debt.

The company started in 1994 when a group of investors bought Baxter's diagnostics business with …