Novo Holdings Acquires Double-Digit Stake in bioMASON
December 17, 2019
Novo Holdings A/S made a multimillion-dollar, double-digit equity investment in US-based bioMASON to help commercialize its bacteria-grown biocement masonry products. As part of the deal Anders Spohr of Novo Holdings will join bioMASON's board as the company scales its sustainable concrete alternative for construction and infrastructure markets.
- Buyers
- Novo Holdings A/S
- Targets
- bioMASON, Inc.
- Industry
- Manufacturing
- Location
- North Carolina, United States
- Transaction Type
- Growth capital
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