Announced
Completed
Financials
Tags
Single Bidder
Friendly
Private
Majority
United States
Acquisition
biopharmaceutical services
Cross Border
Biotechnology
Completed
Synopsis
Trane Technologies, a global climate innovator, completed the acquisition of Farrar Scientific, a provider of ultra-low temperature control for biopharmaceutical and other life science applications, for $365m. “We are delighted to officially welcome Farrar Scientific associates. Trane Technologies’ world-class business operating system and expertise in refrigeration, cold chain and sustainable climate controls combined with Farrar’s specialized expertise in ultra-low temperature control will enable us to deliver even greater value to customers around the world in the critical biopharmaceutical and life science industries," Holly Paeper, Trane Technologies President.
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