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New Deal


Announced

Completed

Azenta completed the acquisition of Barkey for €80m.

Financials

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Transaction Value£68m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales4.7x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Cross Border

Germany

Friendly

thawing devices

medical devices

Majority

Medical Services

Acquisition

Single Bidder

Completed

Synopsis

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Azenta, a provider of automation, vacuum and instrumentation equipment, completed the acquisition of Barkey, a provider of controlled rate thawing devices to medical, biotech and pharma industries, for €80m. "Barkey will add innovative products and capabilities that extend our extensive cold chain of condition portfolio of products and services, while also expanding our customer reach in the fast-growing CGT space, with more than 100 CGT customers to date. The controlled rate thawing of cryopreserved products to maximize reproducibility and viability of the sample is a natural extension of our advanced cryogenic offerings," Steve Schwartz, Azenta President and CEO.

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