M&A Deal Summary

bioMerieux Acquires Meikang Biotech Co.

On January 14, 2010, bioMerieux acquired medical products company Meikang Biotech Co.

Acquisition Highlights
  • This is bioMerieux’s 4th transaction in the Medical Products sector.
  • This is bioMerieux’s 1st transaction in China.

M&A Deal Summary

Date 2010-01-14
Target Meikang Biotech Co.
Sector Medical Products
Buyer(s) bioMerieux
Deal Type Add-on Acquisition

Target

Meikang Biotech Co.

Shanghai, China
Meikang Biotech (Shanghai) Co., Ltd. is a manufacturer of rapid tests products.

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Buyer(S) 1

Buyer

bioMerieux

Marcy l'Etoile, France

Category Company
Founded 1963
Sector Life Science
Employees14,147
Revenue 4.0B EUR (2024)
DESCRIPTION

bioMerieux is a provider in the field of in vitro diagnostic solutions (reagents, instruments, software) that determine the source of disease and contamination to improve patient health and ensure consumer safety. Its products are used for diagnosing infectious diseases and providing high medical value results for cancer screening, monitoring, and cardiovascular emergencies. bioMerieux was founded in 1963 and is based in Marcy-l'Étoile, France.


DEAL STATS #
Overall 11 of 21
Sector: Medical Products M&A 4 of 9
Type: Add-on Acquisition M&A Deals 8 of 17
Country: China M&A 1 of 3
Year: 2010 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-12-08 PML Microbiologicals

Wilsonville, Oregon, United States

PML Microbiologicals, Inc. is a provider of culture media and microbiological products in North America for both clinical and industrial applications.

Buy $30M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-02-25 Shanghai Zenka Biotechnology

Shanghai, China

Shanghai Zenka Biotechnology is a specialist in culture media.

Buy -