M&A Deal Summary

Invitrogen Acquires Dynal Biotech ASA

On February 8, 2005, Invitrogen acquired manufacturer Dynal Biotech ASA from Nordic Capital for 300M EUR

Acquisition Highlights
  • This is Invitrogen’s 1st transaction in the Manufacturing sector.
  • This is Invitrogen’s 0th largest (disclosed) transaction.
  • This is Invitrogen’s 1st transaction in Norway.

M&A Deal Summary

Date 2005-02-08
Target Dynal Biotech ASA
Sector Manufacturing
Buyer(s) Invitrogen
Sellers(s) Nordic Capital
Deal Type Add-on Acquisition
Deal Value 300M EUR

Target

Dynal Biotech ASA

Oslo, Norway
Dynal Biotech is a world leader in the research, development and manufacture of magnetic and non-magnetic micro particles. Applications for the company's products include the separation of biological material such as cells, DNA, micro organisms and proteins.

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Buyer(S) 1

Buyer

Invitrogen

Carlsbad, California, United States

Category Company
Sector Life Science
DESCRIPTION

Invitrogen Corp. develops, manufactures and markets research tools in kit form and provides other research products and services to corporate, academic and government entities.


DEAL STATS #
Overall 2 of 5
Sector (Manufacturing) 1 of 1
Type (Add-on Acquisition) 2 of 4
Country (Norway) 1 of 1
Year (2005) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1999-01-01 Novex

San Diego, California, United States

Novex is a provider of electrophoresis systems services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-12-01 Sentigen Holding

Phillipsburg, New Jersey, United States

Sentigen Holding Corp. is a provider of contract research and development services to the biotechnology and pharmaceutical industries

Buy $26M

Seller(S) 1

SELLER

Nordic Capital

Stockholm, Sweden

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1989
PE ASSETS 31.0B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

Nordic Capital is a private equity investment firm that targets mid to large-sized company investments located in Northern Europe as well as the US. Nordic seeks investments across a wide range of industries and prefers situations where there are 'opportunities for new industrial combinations, strategic repositioning, international expansion and operational improvements'. Nordic Capital was formed in 1989 and is based in Stockholm, Sweden.


DEAL STATS #
Overall 12 of 79
Sector (Manufacturing) 3 of 7
Type (Add-on Acquisition) 6 of 24
Country (Norway) 1 of 7
Year (2005) 1 of 7
Size (of disclosed) 12 of 17
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-01-31 Kompan A/S

Ringe, Denmark

Kompan designs, manufactures and markets playground products in wood, metal and plastics. Its customers include municipalities, pre-schools, schools, house associations etc.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-03-01 CANAL+ Television AB

Cedex, France

CANAL+ Television AB is a premium pay television provider in the Nordic region, serving Sweden, Norway, Finland and Denmark. CANAL+ Television was founded in 2000 and is based in Cedex, France.

Sell -