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Announced

CELLINK to acquire Ginolis for €70m.

Financials

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Transaction Value£61m
Consideration TypeCash, Ordinary Shares
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Finland

Cross Border

Acquisition

Single Bidder

Majority

automation controls

Friendly

robotics

Electronic Components and Equipment

Private

Pending

Synopsis

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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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