.
MergerLinks Header Logo

New Deal


Announced

Completed

Astorg and Cinven-backed LGC Group completed the acquisition of Kova International from One Rock Capital Partners.

Financials

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

Tags

Edit

Medical Equipment

medical equipment

United States

Cross Border

Acquisition

Completed

Majority

Private Equity

Single Bidder

Private

Friendly

Synopsis

Edit

Astorg and Cinven-backed LGC Group, an international life sciences measurement and tools company, completed the acquisition of Kova International, a developer, manufacturer and marketer of in vitro diagnostic products for the global urinalysis market, from One Rock Capital Partners, a private equity firm. Financial terms were not disclosed. “We are excited to bring Kova’s established clinical urinalysis and toxicology quality controls into LGC Clinical Diagnostics. Kova and LGC Clinical Diagnostics are an excellent fit. Our focus on delivering confidence to clinical laboratories in test precision, accuracy, and conformance to international standards, perfectly aligns us with a common objective of Science for a Safer World,” Bharathi Anekella, LGC Clinical Diagnostics Executive Vice President & General Manager.

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US