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New Deal


Announced

KKR to invest in Nordic Bioscience for £72m.

Financials

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Transaction Value£71m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Minority

Denmark

Friendly

Private

Pending

medical equipment

Single Bidder

biotechnology company

Cross Border

Private Equity

Medical Equipment

Synopsis

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KKR is set to invest in Nordic Bioscience, a Danish company engaged in biomarker development, for £72m. “I am excited to welcome KKR as a valued investor to the Nordic Bioscience team and to have their support in building on our strategy of bringing innovative novel diagnostic biomarkers and drug candidates to the market for the benefit of patients. Our fast-moving customers have high expectations, and KKR’s investment will propel Nordic Bioscience forward so that we can continue to meet these expectations. At the core of Nordic Bioscience is collaboration, among our team, with our partners and customers and now with KKR,” Morten Karsdal, Nordic Bioscience CEO.

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