M&A Deal Summary

Azenta Acquires B Medical Systems

On August 8, 2022, Azenta acquired medical products company B Medical Systems from Navis Capital Partners for 410M EUR

Acquisition Highlights
  • This is Azenta’s 1st transaction in the Medical Products sector.
  • This is Azenta’s 0th largest (disclosed) transaction.
  • This is Azenta’s 1st transaction in Luxembourg.

M&A Deal Summary

Date 2022-08-08
Target B Medical Systems
Sector Medical Products
Buyer(s) Azenta
Sellers(s) Navis Capital Partners
Deal Type Add-on Acquisition
Deal Value 410M EUR

Target

B Medical Systems

Hosingen, Luxembourg
B Medical Systems is a manufacturer and distributor of medical refrigeration, blood management and cold-chain equipment for large scale vaccination programs in emerging markets. B Medical Systems was founded in 1979 and is based in Hosingen, Luxembourg.

Search 200,500 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Azenta

Chelmsford, Massachusetts, United States

Category Company
Founded 1978
Sector Life Science
Employees3,000
Revenue 514M USD (2021)
DESCRIPTION

Azenta is a provider of life sciences solutions worldwide, enabling impactful breakthroughs and therapies to market faster. Azenta provides a full suite of reliable cold-chain sample management solutions and genomic services across areas such as drug development, clinical research, and advanced cell therapies for the industry's top pharmaceutical, biotech, academic, and healthcare institutions globally. Azenta was founded in 1978 and is based in Chelmsford, Massachusetts.


DEAL STATS #
Overall 23 of 24
Sector (Medical Products) 1 of 2
Type (Add-on Acquisition) 18 of 19
Country (Luxembourg) 1 of 1
Year (2022) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-08 Barkey

Leopoldshöhe, Germany

Barkey is a provider of controlled rate thawing devices to medical, biotech, and pharma industries. Barkey specialized in medical technology in the field of warming devices with the clear goal of the prevention of hypothermia. Barkey was founded in 1980 and is based in Leopoldshöhe, Germany.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-02-03 Ziath

Cambridge, United Kingdom

Ziath is a provider of 2D barcode readers for life sciences applications. Ziath was founded in 2005 and is based in Cambridge, United Kingdom.

Buy -

Seller(S) 1

SELLER

Navis Capital Partners

Kuala Lampur, Malaysia

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1998
PE ASSETS 5.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Navis Capital Partners is a private equity firm focused on buyouts, recapitalizations and financial restructurings in Southeast Asia. Navis looks to invest between $15 and $100 million of equity per transaction in companies with up to $500 million in revenue. Navis does not specialize in any specific sector. Navis Capital Partners was formed in 1998 and is headquartered in Kuala Lampur, Malaysia.


DEAL STATS #
Overall 39 of 41
Sector (Medical Products) 1 of 1
Type (Add-on Acquisition) 25 of 26
Country (Luxembourg) 1 of 1
Year (2022) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-21 S-Spine

Bangkok, Thailand

S-Spine is a spine and nerve specialty hospital, well-positioned to capture the increasing demand driven by long-term macro fundamentals both in Thailand and the region. The hospital and its highly trained medical teams focus on the root cause of symptoms and use advanced medical techniques and minimally invasive surgery techniques (MIS), including Percutaneous Stenoscopic Lumbar Decompression (PSLD), to provide faster recovery, lower-risk, effective treatment to patients. S-Spine was founded in 2017 and is based in Bangkok, Thailand.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-09-01 Adampak

Singapore, Singapore

Adampak is an Asia’s label and precision die-cut parts manufacturer. Committed to total customer satisfaction, Adampak has achieved a name for product quality within its client base in the electronics, pharmaceutical, logistical, and other industries. Adampak was founded in 1979 and is based in Singapore.

Sell -