Getinge Acquires High Purity New England

May 31, 2023

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.

Buyers
Getinge AB
Targets
High Purity New England, Inc.
Sellers
Shareholders of High Purity New England (including founder/CEO Mark A. Sitcoske)
Industry
Biotechnology
Location
Rhode Island, United States
Transaction Type
Buyout

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