M&A Deal Summary

Cryoport Acquires F-Airgate

On May 18, 2021, Cryoport acquired transportation company F-Airgate

Acquisition Highlights
  • This is Cryoport’s 3rd transaction in the Transportation sector.
  • This is Cryoport’s 1st transaction in Belgium.

M&A Deal Summary

Date 2021-05-18
Target F-Airgate
Sector Transportation
Buyer(s) Cryoport
Deal Type Add-on Acquisition

Target

F-Airgate

Brucargo, Belgium
F-Airgate is a provider of innovative temperature-controlled supply chain solutions, with a broad offering that includes premium transport services such as Next Flight Out solutions and Time Critical Courier Solutions. F-Airgate headquartered in Brucargo, Belgium.

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Buyer(S) 1

Buyer

Cryoport

Brentwood, Tennessee, United States

Category Company
Founded 1999
Sector Transportation
Employees1,090
Revenue 228M USD (2024)
DESCRIPTION

Cryoport is a provider of temperature-controlled logistics solutions for life sciences commodities during distribution, serving the biopharmaceutical market with logistics solutions for biologic materials, such as regenerative medicine, including immunotherapies, stem cells, and CAR-T cells. Cryoport was founded in 1999 and is based in Brentwood, Tennessee.


DEAL STATS #
Overall 6 of 8
Sector: Transportation M&A 3 of 4
Type: Add-on Acquisition M&A Deals 4 of 6
Country: Belgium M&A 1 of 1
Year: 2021 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-06 Critical Transport

Castle Hill, Australia

Critical Transport provides premium healthcare logistics management services, specializing in time- and temperature-critical solutions for the medical and pharmaceutical industries. Critical Transport was founded in 2009 and is based in Castle Hill, Australia.

Buy $5M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-04-18 Cell&Co BioServices

Clermont-Ferrand, France

Cell&Co BioServices is a bioservices business providing biorepository, kitting, and logistics services to the life sciences industry. Cell&Co BioServices was founded in 2012 and is based in Clermont-Ferrand, France.

Buy €6M