Add-on Acquisition • Consumer Products

Biotage AB Acquires Horizon Technology

On December 6, 2017, Biotage AB acquired consumer products company Horizon Technology for 18M USD

Acquisition Context
  • This is Biotage AB’s 1st transaction in the Consumer Products sector.
  • This is Biotage AB’s 2nd largest (disclosed) transaction.
  • This is Biotage AB’s 2nd transaction in the United States.
  • This is Biotage AB’s 1st transaction in New Hampshire.

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M&A Deal Summary

Date December 6, 2017
Target Horizon Technology
Sector Consumer Products
Buyer(s) Biotage AB
Deal Type Add-on Acquisition
Deal Value 18M USD

Target Company

Horizon Technology

Salem, New Hampshire, United States
Horizon Technology, Inc. is a successful provider of systems and consumables for separation in, among other areas, water purification, food safety, petrochemical industry, biofuels, agriculture and pharmaceutical industry, foremost at its US domestic market.
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Buyer Overview 1

Buyer

Biotage AB

Uppsala, Sweden

Category Company
Sector Life Science
Employees284
Revenue 490M SEK (2014)
DESCRIPTION

Biotage AB is a Swedish company offering solutions within two fields: pharmaceutical chemistry, conducted in the Discovery chemistry business, and genetic analysis, which makes up the Biosystems business unit.


Deal Context for Buyer #
Overall 4 of 6
Sector: Consumer Products 1 of 1
Type: Add-on Acquisition 3 of 5
State: New Hampshire 1 of 1
Country: United States 2 of 3
Year: 2017 1 of 1
Size (of disclosed) 2 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-05-18 Caliper Life Sciences - SPE Extraction and Evaporation Products

Hopkinton, Massachusetts, United States

Caliper Life Sciences - SPE Extraction and Evaporation Products is a provider of RapidTrace and TurboVap product lines. RapidTrace SPE Workstation is a modular, highly scalable, automated Sample Prep high throughput Solid Phase Extraction (SPE) platform. TurboVap Concentration Evaporator Workstations are microprocessor-controlled concentrators used for sample preparation that provide unattended, automated sample evaporation.

Buy $17M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-12-04 PhyNexus

San Jose, California, United States

PhyNexus, Inc. offers protein and plasmid sample preparation columns and robotics. PhyNexus products miniaturize and automate purification while retaining the native state of the protein and/or provide transient transfection quality plasmids. PhyNexus, Inc. was founded in 2002 and is based in San Jose, California.

Buy -