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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