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Announced

Completed

Bio-Rad completed the acquisition of Dropworks for $125m.

Financials

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Transaction Value£91m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Domestic

Private

IT Services: Other

Majority

Acquisition

analytical techniques

Friendly

Completed

Single Bidder

United States

Synopsis

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Bio-Rad, a developer and manufacturer of specialized technological products, completed the acquisition of Dropworks, a developer of digital PCR instruments, for $125m. DropWorks is a manufacturer of digital PCR instruments for laboratory use. It is developing instrumentation and analytical techniques using continuous flows.

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