.
MergerLinks Header Logo

New Deal


Announced

Abcam to acquire the Proteomics and Immunology business of Expedeon for €120m.

Financials

Edit Data
Transaction Value£103m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Private

life sciences

Majority

Acquisition

Single Bidder

Friendly

Germany

Biotechnology

Pending

Synopsis

Edit

Abcam, a provider of life science research tools, agreed to acquire the Proteomics and Immunology business of Expedeon, a life sciences company, for €120m ($132m). "Abcam's growth strategy is committed to building out conjugation and assay capabilities. Expedeon's portfolio of products and technology, combined with Abcam's antibody and protein strengths, will put our company in a strong position to address the growing need for antibody conjugation and multiplexing solutions. We look forward to taking these innovation capabilities to market to provide a broader array of distinctive products for our customers," Alan Hirzel, Abcam CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US