Astorg to acquire Medical Media Business of FUJIFILM Irvine Scientific.

Astorg, a pan-European private equity firm, agreed to acquire Medical Media Business of FUJIFILM Irvine Scientific, a manufacturer of cell culture solutions for the life science and medical markets. Financial terms were not disclosed. “After careful consideration, we made a strategic decision to sell the MBU because we recognized the different trajectories and needs of our businesses. This move allows for continued focus on our life sciences businesses within Fujifilm, and for the MBU to thrive under Astorg. Astorg has demonstrated a strong commitment to building capabilities to support the IVF market. We will work closely with Astorg to ensure a smooth transition of the MBU and seamless support for global IVF customers,” Tim Mullane, FUJIFILM Irvine Scientific President.