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

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.