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New Deal


Announced

Novozymes to acquire Microbiome Labs for $125m.

Financials

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Transaction Value£90m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Cross Border

Single Bidder

medical practices

Acquisition

Friendly

United States

Private

Health Care Services

Pending

healthcare provider

Majority

Synopsis

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Novozymes, a platform focused on human health applications within oral and gut health, agreed to acquire Microbiome Labs, a firm offering proprietary probiotic and microbiome solutions, for $125m. “Within a few years, Microbiome Labs has built a solid market position and become a key opinion leader on the microbiome in the consumer health industry, and I am very happy to welcome Microbiome Labs to the Novozymes family. With its solid product portfolio and position with health practitioners, the company is a natural fit and matches our strategy of winning through scientifically proven solutions with specific health benefits,” Ester Baiget, Novozymes President and CEO.

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