Kewaunee Scientific Acquires NuAire for $55 Million
November 1, 2024
Kewaunee Scientific Corporation (NASDAQ: KEQU) completed the acquisition of Minneapolis-based NuAire for $55 million, expanding Kewaunee’s product portfolio and distribution footprint in laboratory and pharmacy equipment. The deal preserves NuAire’s leadership in biological safety cabinets and related airflow and cold-storage products, with Bill Peters remaining as NuAire President; financing was provided by PNC Bank and Carl Marks Securities served as financial advisor.
- Buyers
- Kewaunee Scientific Corporation
- Targets
- NuAire
- Sellers
- Peters family
- Industry
- Manufacturing
- Location
- Minnesota, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Nanalysis Scientific Acquires K'(Prime) Technologies Inc.
November 10, 2021
Industrial Services
Nanalysis Scientific Corp. has entered into a binding agreement to acquire 100% of K'(Prime) Technologies Inc., a North American sales and service company focused on scientific instrumentation and security imaging systems. The transaction consideration includes C$3 million in cash, 2.76 million Nanalysis shares (two-year lock-up) and up to C$1 million in earn-outs; closing was expected by Dec 31, 2021.
-
PerkinElmer Acquires Nexcelom Bioscience for $260M
May 13, 2021
Medical Devices
PerkinElmer, Inc. agreed to acquire Nexcelom Bioscience for $260 million in cash, a deal announced in 2021 and completed in June 2021. Nexcelom, a Lawrence, Massachusetts–based maker of automated cell counters, image cytometry systems, consumables and reagents (~130 employees, projected 2021 revenue ~$40M), was owned by its founders and Ampersand Capital Partners.
-
Premier American Uranium Acquires Nuclear Fuels Inc.
September 16, 2025
Energy
Premier American Uranium Inc. (PUR) completed an arrangement to acquire 100% of the issued and outstanding common shares of Nuclear Fuels Inc. (NF), with former NF shareholders receiving 0.33 PUR shares for each NF share. As a result, Nuclear Fuels becomes a wholly owned subsidiary of Premier American Uranium as PUR expands and consolidates its U.S. uranium exploration portfolio, including the Kaycee and Cyclone projects in Wyoming.
-
Quantum Surgical Acquires NeuWave Medical
February 27, 2026
Medical Devices
Quantum Surgical has acquired NeuWave Medical and combined both businesses under a newly created parent, Precision IO Group Inc., to expand a robotic-assisted tumor ablation platform. The deal is supported by investment from Ally Bridge Group and aims to integrate Quantum Surgical's Epione robotic system with NeuWave's microwave ablation technology to broaden access to minimally invasive interventional oncology care.
-
Exclusive Networks Acquires Nuaware
November 24, 2020
Cloud & SaaS
Exclusive Networks acquired London-based Nuaware, a specialist cloud- and DevSecOps-focused distributor and services provider, to accelerate its cloud, DevOps and containerisation capabilities for channel and vendor partners. Nuaware will continue to operate as a distinct business unit under its brand, adding immediate global scale and specialist services to Exclusive Networks' partner ecosystem.
-
Bruker Corporation Acquires Nion
January 3, 2024
Manufacturing
Bruker Corporation has acquired Nion, a Kirkland, Washington developer and manufacturer of high-end scanning transmission electron microscopes (STEM), including the UltraSTEM line and advanced EELS technology. The acquisition strengthens Bruker's materials science instrumentation portfolio and provides capabilities for electron diffraction crystallography; Nion reported approximately $8 million in revenue in 2023. Financial terms were not disclosed.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.