Eurofins Scientific Acquires Majority Stake in LifeCodexx
July 27, 2017
Eurofins Scientific has acquired a 62.63% stake in LifeCodexx AG from GATC Biotech AG, strengthening Eurofins' non-invasive prenatal testing (NIPT) capabilities. LifeCodexx, headquartered in Constance, Germany, is a developer of the PrenaTest NIPT and generated approximately EUR 7m in revenue in 2016.
- Buyers
- Eurofins Scientific SE
- Targets
- LifeCodexx AG
- Sellers
- GATC Biotech AG
- Industry
- Biotechnology
- Location
- Baden-Württemberg, Germany
- Transaction Type
- Buyout
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