M&A Deal Summary

Charles River Laboratories International Acquires Explora BioLabs

On April 6, 2022, Charles River Laboratories International acquired life science company Explora BioLabs

Acquisition Highlights
  • This is Charles River Laboratories International’s 27th transaction in the Life Science sector.
  • This is Charles River Laboratories International’s 19th transaction in the United States.
  • This is Charles River Laboratories International’s 4th transaction in California.

M&A Deal Summary
Date 2022-04-06
Target Explora BioLabs
Sector Life Science
Buyer(s) Charles River Laboratories International
Deal Type Add-on Acquisition

Target

Explora BioLabs

San Diego, California, United States
Explora BioLabs provides vivarium and contract research services to companies ranging from early-stage biotechs to large pharma. Explora's Ph.D.-backed suite of Vivarium-as-a-Service solutions provides the vivarium-related resources that biotechnology organizations need to begin in vivo studies in as little as two weeks. Whether operating out of their own vivarium or utilizing Explora's growing network of nationwide facilities, clients have access to Explora's experienced vivarium management, facility design, rodent housing and caging equipment, supply chain management, regulatory compliance, and veterinary oversight. For clients whose research programs or internal expertise is at capacity, Explora offers preclinical contract research staff and services to support the design and execution of preclinical studies for oncology, metabolic diseases, pharmacokinetics, non-GLP toxicology, pain, and a variety of other common therapeutic areas. Explora BioLabs is based in San Diego, California.

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Buyer(S) 1

Buyer

Charles River Laboratories International

Wilmington, Massachusetts, United States
Category Company
Founded 1947
Sector Life Science
Employees20,400
Revenue 4.1B USD (2023)
DESCRIPTION

Charles River Laboratories International is a provider of essential products and contract services to help pharmaceutical and biotechnology companies, government agencies and academic institutions around the globe accelerate their research and drug development efforts. Charles River Laboratories International was incorporated in 1947 and is based in Wilmington, Massachusetts.

DEAL STATS #
Overall 30 of 31
Sector (Life Science) 27 of 28
Type (Add-on Acquisition) 25 of 26
State (California) 4 of 4
Country (United States) 19 of 20
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-17 Vigene Biosciences

Rockville, Maryland, United States

Vigene Biosciences is a viral vector based gene delivery for both life science research, gene therapy and cell therapy purposes. Vigene offers AAV, lentivirus, and adenovirus based products and custom services. Vigene Biosciences was founded in 2012 and is based in Rockville, Maryland.

Buy $293M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-05 AVS Bio

Norwich, Connecticut, United States

AVS Bio is a provider of specific pathogen free eggs and adjacent laboratory products and services that support the development and manufacture of vaccines, therapeutics, and other biologics used for human and animal health. AVS Bio was founded in 1961 and is based in Norwich, Connecticut.

Sell -
Mergr

Product

Company

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