M&A Deal Summary |
|
|---|---|
| Date | 2020-08-25 |
| Target | Chart Industries - Cryobiological Products Business |
| Sector | Medical Products |
| Buyer(s) | Cryoport |
| Sellers(s) | Chart Industries |
| Deal Type | Divestiture |
| Deal Value | 320M USD |
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| Category | Company |
|---|---|
| Founded | 1999 |
| Sector | Transportation |
| Employees | 1,000 |
| Revenue | 237M USD (2022) |
Cryoport is a trusted global provider of temperature-controlled logistics solutions for life sciences commodities during distribution, serving the biopharmaceutical market with logistics solutions for biologic materials, such as regenerative medicine, including immunotherapies, stem cells, and CAR-T cells. Cryoport's solutions are used by point-of-care, CRO's, central laboratories, pharmaceutical companies, manufacturers, university researchers et al; as well as the reproductive medicine market, primarily in IVF and surrogacy; and the animal health market, primarily in the areas of vaccines and reproduction. Cryoport's proprietary Cryoport Express® Shippers, Cryoportal Logistics Management Platform, leading-edge SmartPak II Condition Monitoring System and geo-sensing technology, paired with unparalleled cold chain logistics expertise and 24/7 client support, make Cryoport the end-to-end cold chain logistics partner that the industry trusts. Cryoport was incorporated in 1999 and is based in Brentwood, Tennessee.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 8 |
| Sector (Medical Products) | 1 of 1 |
| Type (Divestiture) | 2 of 2 |
| State (Georgia) | 2 of 2 |
| Country (United States) | 3 of 4 |
| Year (2020) | 3 of 3 |
| Size (of disclosed) | 1 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-08-25 |
MVE Biological Solutions
Ball Ground, Georgia, United States MVE Biological Solutions is a manufacturer of vacuum insulated products and cryogenic freezer systems for the life sciences industry. MVE provides cryogenic storage and transportation solutions for the life sciences industry through its advanced line of stainless steel freezers, aluminum dewars, and related ancillary equipment used in the storage and transport of life sciences commodities, which includes the rapidly growing cell and gene therapies business. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-04-06 |
Critical Transport
Castle Hill, Australia Critical Transport provides premium healthcare logistics management services, specializing in time- and temperature-critical solutions for the medical and pharmaceutical industries. Critical Transport was founded in 2009 and is based in Castle Hill, Australia. |
Buy | $5M |
| Category | Company |
|---|---|
| Founded | 1859 |
| Sector | Machinery |
| Employees | 4,771 |
| Revenue | 1.3B USD (2021) |
Chart Industries is a provider of cryogenic equipment used in industrial gas, hydrocarbon, and medical applications. Chart Industries was formed in 1992 and is based in Garfield Heights, Ohio. Chart Industries was incorporated in 1859 and is headquartered in Ball Ground, Georgia.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector (Medical Products) | 1 of 1 |
| Type (Divestiture) | 2 of 2 |
| State (Georgia) | 2 of 2 |
| Country (United States) | 2 of 2 |
| Year (2020) | 2 of 2 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-08-25 |
MVE Biological Solutions
Ball Ground, Georgia, United States MVE Biological Solutions is a manufacturer of vacuum insulated products and cryogenic freezer systems for the life sciences industry. MVE provides cryogenic storage and transportation solutions for the life sciences industry through its advanced line of stainless steel freezers, aluminum dewars, and related ancillary equipment used in the storage and transport of life sciences commodities, which includes the rapidly growing cell and gene therapies business. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-11-03 |
BlueInGreen
Fayetteville, Arkansas, United States BlueInGreen LLC is a water cleantech company and gas-dissolution expert that provides the most efficient method of dissolving gases in water. BIG solutions empower water treatment professionals to make a difference by making water treatment processes more efficient, more effective, safer, and more environmentally sound. |
Buy | $26M |
