CELLINK AB Acquires MatTek Corporation

March 22, 2021

CELLINK AB (publ) acquired MatTek Corporation, a U.S. developer of advanced in‑vitro 3D human tissue models, completing the transaction on March 22, 2021 for approximately USD 72 million (including adjustments). The consideration included ~USD 13.6 million paid in newly issued CELLINK series B shares with the remainder paid in cash; Fairmount Partners advised MatTek on the sale.

Buyers
CELLINK AB
Targets
MatTek Corporation
Industry
Biotechnology
Location
Massachusetts, United States
Transaction Type
Buyout

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