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Announced

Completed

Bruker completed the acquisition of ELITech from PAI Partners for $744m.

Financials

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Transaction Value£710m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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invitro diagnostic systems

Private

Acquisition

Majority

Single Bidder

Private Equity

Medical Services

Friendly

Cross Border

France

Completed

Synopsis

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Bruker, an international life science research and diagnostics solutions provider, completed the acquisition of ELITech, a global manufacturer of in-vitro diagnostics, from PAI Partners, a private equity firm, for $774m. "We are very pleased to welcome ELITech to Bruker. The ELITech molecular diagnostics sample-to-answer platforms for viral infection and other esoteric MDx assays complement our MALDI Biotyper® platform for bacterial and fungal identification. The combined offerings establish Bruker as an innovative and growing infectious disease specialist in the in-vitro diagnostics (IVD) market,” Frank H. Laukien, Bruker President and CEO.

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