Announced
Synopsis
Axcel, which has acquired the majority of shares of one of the Europes leading sperm banks, European Sperm Bank. Financial terms were not disclosed. The partnership is built on a life-affirming vision and an ambitious plan to give even more Danish and foreign women and couples the possibility to have children. They plan is to expand even further by developing the existing business, expanding to new markets and expand the bank’s services. “We had a healthy development where we most importantly had a part in creating a lot of happiness among women and couples, who around the world needed our help to have children. In the new partnership with Axcel, we will not only continue our good deeds but together we want to boost development, innovation and expansion, which we are now looking forward to." Annemette Arndal-Lauritzen, European Sperm Bank CEO.
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