Announced
Financials
Sources
Tags
Finland
Cross Border
Acquisition
Single Bidder
Majority
automation controls
Friendly
robotics
Electronic Components and Equipment
Private
Pending
Synopsis
CELLINK, a bio convergence company, agreed to acquire Ginolis, which specializes in assembly automation, high precision liquid handling and quality inspection solutions, for €70m ($85m). "Over the last 11 years, we have developed a strong foundation and built well-renowned customer relationships within our industry. As a current partner to CELLINK, we are well acquainted with the culture, the technology, and innovation-driven agenda as well as their high ambitions. We look forward to becoming part of CELLINK’s bio convergence vision and bringing our expertise, products and workflow to a wider audience," Teijo Fabritius, Ginolis CEO.
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