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New Deal


Announced

Element Materials Technology to acquire Arch Sciences Group from Limerston Capital Partners.

Financials

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

Tags

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Pending

analytical services

Biotechnology

Majority

United Kingdom

Acquisition

Domestic

laboratory services

Single Bidder

Friendly

Private

Private Equity

testing inspection and certification

Synopsis

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Element Materials Technology, a provider of testing, inspection and certification services, agreed to acquire Arch Sciences Group, a provider of analytical services and laboratory solutions to customers in the pharmaceuticals sector, from Limerston Capital Partners, a private equity firm. Financial terms were not disclosed. "Our acquisition of Arch complements our existing capabilities and expertise in the Americas after a period of significant growth there, and creates a strong platform to expand the pharmaceuticals segment of our life sciences business in Europe," Jo Wetz, Element CEO.

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