Charles River Laboratories Acquires Explora BioLabs

April 6, 2022

Charles River Laboratories has acquired Explora BioLabs Holdings, a San Diego–based provider of contract vivarium services, for approximately $295 million in cash. The deal expands Charles River’s CRADL footprint with more than 15 additional vivarium facilities (bringing expected combined capacity to at least 25 sites and ~300,000 sq ft by end of 2022) and adds complementary preclinical vivarium management capabilities and clients.

Buyers
Charles River Laboratories International, Inc.
Targets
Explora BioLabs Holdings, Inc.
Industry
Biotechnology
Location
California, United States
Transaction Type
Buyout

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