M&A Deal Summary

LGC Group Acquires Maine Standards Company

On November 16, 2015, LGC Group acquired life science company Maine Standards Company

Acquisition Highlights
  • This is LGC Group’s 3rd transaction in the Life Science sector.
  • This is LGC Group’s 2nd transaction in the United States.
  • This is LGC Group’s 1st transaction in Maine.

M&A Deal Summary

Date 2015-11-16
Target Maine Standards Company
Sector Life Science
Buyer(s) LGC Group
Deal Type Add-on Acquisition

Target

Maine Standards Company

Windham, Maine, United States
Maine Standards Company LLC is a provider of calibration verification materials for clinical laboratories.

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Buyer(S) 1

Buyer

LGC Group

Teddington, United Kingdom

Category Company
Founded 1842
Sector Test/Measurement Equipment
Employees3,200
Revenue 222M GBP (2015)
DESCRIPTION

LGC Group is an international life science measurement and testing company. LGC provides a range of measurement products and services that underpin the safety, health, and security of the public, including reference materials and proficiency testing, genomics reagents and instrumentation, and expert sample analysis and interpretation. LGC Group was founded in 1842 and is based in Teddington, United Kingdom.


DEAL STATS #
Overall 4 of 9
Sector (Life Science) 3 of 5
Type (Add-on Acquisition) 4 of 7
State (Maine) 1 of 1
Country (United States) 2 of 5
Year (2015) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-08-20 Thistle QA

Johannesburg, South Africa

Thistle QA is a provider of a comprehensive range of over 35 proficiency testing (PT) schemes to over 6,000 participants, mainly in the clinical sector. Thistle’s schemes covers clinical chemistry in blood, serum and urine for a range of important tests e.g. cardiac markers, serology, haematology, therapeutic drugs monitoring (TDM), clinical microbiology, food microbiology and forensic analysis.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-06 Douglas Scientific

Alexandria, Minnesota, United States

Douglas Scientific LLC is a laboratory automation company. Douglas Scientific designs and manufactures a full line of laboratory instrumentation - Nexar® and IntelliQube® systems to enable PCR reactions in Array Tape.

Buy -