Biotechnology Acquisitions in 2010
Showing 3 transactions.
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October 12, 2010
- Buyer
- Betco Corporation
- Target
- Bio-Systems International
- Industry
- Biotechnology
- Location
- Wisconsin, United States
- Type
- Buyout
Betco Corporation acquired Bio-Systems International, a Beloit, Wisconsin-based developer and manufacturer of bacterial and enzyme-based environmentally friendly cleaning and wastewater treatment products. Bio-Systems will continue R&D, manufacturing and customer support from its Beloit facilities and operate as an independent subsidiary under existing management.
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- Buyer
- Ensign-Bickford Industries, Inc., EB Analytics, Inc.
- Target
- EnviroLogix Inc.
- Seller
- EnviroLogix Inc. (Bruce Ferguson and other shareholders)
- Industry
- Biotechnology
- Location
- Maine, United States
- Type
- Buyout
Ensign-Bickford Industries' subsidiary EB Analytics, Inc. has acquired EnviroLogix Inc., a Portland, Maine-based developer and manufacturer of rapid agricultural test kits (QuickStix and QuickScan). Terms were not disclosed; EBI said the deal expands its capabilities into laboratory services and creates synergies with its pet food ingredient subsidiary, AFB International.
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February 2, 2010
- Buyer
- Thermo Fisher Scientific
- Target
- Finnzymes
- Industry
- Biotechnology
- Location
- Uusimaa, Finland
- Type
- Buyout
Thermo Fisher Scientific has signed a definitive agreement to acquire Finnzymes, a Finland-based provider of PCR enzymes, reagents, instruments and consumables. The acquisition expands Thermo Fisher's molecular biology and diagnostics portfolio by adding Finnzymes' proprietary DNA polymerases, miniaturized thermal cyclers and consumables; Finnzymes is headquartered in Espoo, Finland and had about 90 employees and $20 million revenue in 2009.
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