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New Deal


Announced

Completed

Getinge completed the acquisition of Applikon Biotechnology for $89m.

Financials

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Transaction Value£67m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales1.8x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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biotechnology company

Netherlands

Majority

healthcare

bioreactor systems

Acquisition

Completed

Private

Single Bidder

vaccine development

Biotechnology

Friendly

Synopsis

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Getinge, a medical technology company, completed the acquisition of Applikon Biotechnology, a manufacturer and supplier of bioreactor systems for $89m. Applikon Biotechnology is expected to bring a material contribution to Getinge’s Life Science business area in terms of net sales and EBITA. The acquisition broadens Getinge’s position further within solutions for efficient, safe and contamination-free research and production processes in the biopharma segment. "Through Applikon Biotechnology, Getinge will be able to offer customers better solutions and knowledge covering the entire process from initial screening to full-scale production, using a fully scalable platform," Arthur Oudshoorn, Applikon Biotechnology CEO.

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