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New Deal


Announced

Chr Hansen to acquire Jennewein Biotechnologie for $365m.

Financials

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Transaction Value£284m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Germany

Cross Border

Private

Single Bidder

Biotechnology

Acquisition

Friendly

Pending

Majority

human milk-oligosaccharides

Synopsis

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Chr Hansen, a bioscience company, agreed to acquire Jennewein Biotechnologie, an international industrial biotechnology company, for $365m. “This partnership will further strengthen the position of Jennewein Biotechnologie in this highly attractive growth market. Chr. Hansen and Jennewein Biotechnologie are a perfect fit with regards to culture, production technology, as well as product portfolio," Stefan Jennewein and Klaus Jennewein, Jennewein Biotechnologie Founder and CEO.

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