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M&A Deal Summary

Bayer HealthCare AG Acquires DIREVO Biotech AG

On September 16, 2008, Bayer HealthCare AG acquired healthcare services company DIREVO Biotech AG for 210M EUR

Acquisition Highlights
  • This is Bayer HealthCare AG’s 1st transaction in the Healthcare Services sector.
  • This is Bayer HealthCare AG’s largest (disclosed) transaction.
  • This is Bayer HealthCare AG’s 1st transaction in Germany.

M&A Deal Summary
Date 2008-09-16
Target DIREVO Biotech AG
Sector Healthcare Services
Buyer(s) Bayer HealthCare AG
Deal Type Add-on Acquisition
Deal Value 210M EUR
Advisor(s) Mummert & Company Corporate Finance GmbH (Financial)

Target

DIREVO Biotech AG

Cologne, Germany
DIREVO Biotech’s unique and proprietary protein engineering platform uses high throughput technologies for the rapid discovery and optimization of biopharmaceuticals.

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Buyer(S) 1

Buyer

Bayer HealthCare AG

Leverkusen, Germany
Category Company
Sector Healthcare Services
DESCRIPTION

Bayer HealthCare AG manufactures products to diagnose, prevent, and treat human and animal disease worldwide.

DEAL STATS #
Overall 1 of 2
Sector: Healthcare Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Germany M&A 1 of 1
Year: 2008 M&A 1 of 1
Size (of disclosed) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-09-01 Pathway Medical Technologies

Kirkland, Washington, United States

Pathway Medical Technologies, Inc. is a manufacture of medical products to mechanically remove arterial plaque.

Buy €88M
Mergr

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