M&A Deal Summary

Global Cord Blood Acquires Cordlife Group

On June 4, 2019, Global Cord Blood acquired healthcare services company Cordlife Group

Acquisition Highlights
  • This is Global Cord Blood’s 1st transaction in the Healthcare Services sector.
  • This is Global Cord Blood’s 1st transaction in Singapore.

M&A Deal Summary

Date 2019-06-04
Target Cordlife Group
Sector Healthcare Services
Buyer(s) Global Cord Blood
Deal Type Add-on Acquisition

Target

Cordlife Group

Singapore, Singapore
website
Cordlife Group Ltd. is a healthcare company that provides cord blood and cord lining banking services. Cordlife Group Ltd. was founded in 2001 and is headquartered in Singapore.

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Buyer(S) 1

Buyer

Global Cord Blood

Hong Kong, China

website


Category Company
Founded 2006
Sector Life Science
Employees1,202
Revenue 1.2B CNY (2022)
DESCRIPTION

Global Cord Blood is a provider of umbilical cord blood storage and ancillary services. The company offers cord blood testing, processing, and storage services under the direction of subscribers; and tests, processes, and stores donated cord blood, as well as provides matching services. Global Cord Blood was founded in 2006 and is based in Hong Kong, China.


DEAL STATS #
Overall 1 of 2
Sector (Healthcare Services) 1 of 1
Type (Add-on Acquisition) 1 of 2
Country (Singapore) 1 of 1
Year (2019) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-04-29 Cellenkos

Houston, Texas, United States

Cellenkos is a clinical-stage biotechnology company focused on the development and commercialization of Allogeneic, Tissue-Targeted, Immune T-Regulatory Cell Therapies to Treat Autoimmune Diseases and Inflammatory Disorders. Being derived from umbilical CB. Cellenkos' Tregs are naïve, bonafide suppressor cells that resolve inflammation through multiple direct and indirect interactions. The company utilizes its proprietary CRANETM platform technology to isolate, activate, enrich and expand the tissue-directed CB Treg cells that leverage cellular intelligence to seek, localize, proliferate and resolve tissue inflammation. Cellenkos' in-house cGMP facility allows for large-scale manufacturing where multiple doses can be generated from a single CB unit. These off-the-shelf allogeneic cell products are cryopreserved and are available on-demand for infusion at the point of care. Cellenkos is based in Houston, Texas.

Buy $664M