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New Deal


Announced

Completed

Azenta completed the acquisition of B Medical Systems from Navis Capital Partners for €460m.

Financials

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Transaction Value£387m
Consideration TypeCash, Contingent Deferred Consideration
Capital Owned-
Capital Bid For100%
EV/Sales4.3x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

medical transportation

medical equipment

Medical Equipment

Luxembourg

Cross Border

Friendly

Majority

transportation solutions

Acquisition

Single Bidder

Private Equity

Completed

Synopsis

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Azenta, a provider of automation, vacuum and instrumentation equipment for multiple markets, completed the acquisition of B Medical Systems, a provider of temperature-controlled storage and transportation solutions that enables the delivery of life-saving treatments across the globe, from Navis Capital Partners, a private equity firm, for €460m. "We are excited to add B Medical into our growing portfolio of offerings. B Medical has done an outstanding job carving out a strong market position in the vaccine cold chain, and we see a breadth of opportunities to drive even further value from the portfolio by leveraging the Azenta platform," Steve Schwartz, Azenta President and CEO.

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