Add-on Acquisition • Life Science

Medix Biochemica Acquires Candor

On January 22, 2025, Medix Biochemica acquired life science company Candor

Acquisition Context
  • This is Medix Biochemica’s 3rd transaction in the Life Science sector.
  • This is Medix Biochemica’s 1st transaction in Germany.

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M&A Deal Summary

Date January 22, 2025
Target Candor
Sector Life Science
Buyer(s) Medix Biochemica
Deal Type Add-on Acquisition

Target Company

Candor

Wangen, Germany
Candor is a provider of a comprehensive selection of premium solutions for immunoassays, including HAMA and interference blockers, surface blockers, stabilizers, and buffer solutions. Candor was founded in 2004 and is based in Wangen, Germany.
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Buyer Overview 1

Buyer

Medix Biochemica

Espoo, Finland

Category Company
Founded 1985
Sector Life Science
Employees267
Revenue 70M EUR (2023)
DESCRIPTION

Medix Biochemica develops, manufactures, and markets critical raw materials including antibodies, antigens, and biologicals for IVD companies worldwide. Medix Biochemica was founded in 1985 and is based in Espoo, Finland.


Deal Context for Buyer #
Overall 3 of 3
Sector: Life Science 3 of 3
Type: Add-on Acquisition 3 of 3
Country: Germany 1 of 1
Year: 2025 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-11-10 ViroStat

Westbrook, Maine, United States

ViroStat is a primary manufacturer of infectious disease antibodies and antigens, supplying manufacturers and researchers. ViroStat was founded in 1985 and is based in Westbrook, Maine.

Buy -