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New Deal


Announced

Abcam to acquire Marker Gene Technologies.

Financials

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

Tags

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United States

biotechnology products

Acquisition

Pending

Private

Single Bidder

Biotechnology

Majority

Friendly

Synopsis

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Abcam, a producer, distributor and seller of protein research tools, agreed to acquire Marker Gene Technologies, which develops innovative new products for the biotechnology and medical industries. Financial terms were not disclosed. "Following the recent acquisition of Expedeon's proteomics and immunology business, and aligned with our broader antibody-conjugation strategy, the acquisition of MGT brings additional proprietary assay development technologies and labelling capabilities to Abcam. MGT's team have expertise in the areas of biology, organic synthesis and fluorescence chemistry and are experienced in the creation of detection tools that enable enhanced understanding of biological processes," Abcam.

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