Merck KGaA Agrees to Acquire Bio-Techne for $11.3 Billion

June 25, 2026

Merck KGaA (Darmstadt, Germany) has signed a definitive agreement to acquire Bio-Techne in an all-cash transaction valued at approximately $11.3 billion ($73 per share). The deal is expected to close in late 2026 or early 2027, subject to regulatory approvals and Bio-Techne shareholder approval.

Buyers
Merck KGaA
Targets
Bio-Techne Corporation
Location
Minnesota, United States
Transaction Type
Buyout

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