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New Deal


Announced

Crown Bioscience to acquire IndivuServ business unit of Indivumed.

Financials

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

Tags

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Pending

Pharmaceuticals

pharmaceutical company

Private

Germany

Majority

Single Bidder

Acquisition

Cross Border

Friendly

Synopsis

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Crown Bioscience, a global contract research organization, agreed to acquire IndivuServ business unit of Indivumed, a firm engaged in the provision and analysis of clinical biospecimens. Financial terms were not disclosed. “The acquisition of ‘Indivumed Services’ reflects Crown Bioscience’s commitment to expanding our translational research platforms to provide our customers with superior options for bridging the gap between preclinical and clinical research. Everyone at Crown Bioscience is delighted to be welcoming the talented staff of ‘Indivumed Services’ to the company, and excited about the long-term potential of our new relationship," Armin Spura, Crown Bioscience CEO.

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