Biotechnology Acquisitions in Rhode Island
Showing 1 transactions.
-
May 31, 2023
- Buyer
- Getinge AB
- Target
- High Purity New England, Inc.
- Seller
- Shareholders of High Purity New England (including founder/CEO Mark A. Sitcoske)
- Industry
- Biotechnology
- Location
- Rhode Island, United States
- Type
- Buyout
Getinge AB has agreed to acquire 100% of High Purity New England (HPNE), a U.S.-based provider of custom single-use solutions for bioprocessing, for approximately SEK 1,300 million (USD 120 million) in cash plus a potential earn-out. The acquisition strengthens Getinge Life Science’s biopharma capabilities and expands its single-use product offering; HPNE is headquartered in Smithfield, Rhode Island and has roughly 150 employees.
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