Add-on Acquisition • Medical Products

Novozymes Acquires Microbiome Labs

On December 18, 2020, Novozymes acquired medical products company Microbiome Labs

Acquisition Context
  • This is Novozymes’ 2nd transaction in the Medical Products sector.
  • This is Novozymes’ 4th transaction in the United States.
  • This is Novozymes’ 1st transaction in Illinois.

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M&A Deal Summary

Date December 18, 2020
Target Microbiome Labs
Sector Medical Products
Buyer(s) Novozymes
Deal Type Add-on Acquisition

Target Company

Microbiome Labs

Glenview, Illinois, United States
Microbiome Labs offers a comprehensive suite of proprietary probiotic and microbiome solutions targeting gastrointestinal, immune, metabolic, and cognitive health. Microbiome Labs was founded in 2012 and is based in Glenview, Illinois.
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Buyer Overview 1

Buyer

Novozymes

Bagsvaerd, Denmark

Category Company
Founded 1925
Sector Life Science
Employees6,397
Revenue 3.8B EUR (2024)
DESCRIPTION

Novozymes produces a wide range of industrial enzymes and microorganisms, providing innovative answers to some of the world’s most pressing challenges. Novozymes was founded in 1925 and is based in Bagsvaerd, Denmark.


Deal Context for Buyer #
Overall 10 of 10
Sector: Medical Products 2 of 2
Type: Add-on Acquisition 8 of 8
State: Illinois 1 of 1
Country: United States 4 of 4
Year: 2020 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-06-25 PrecisionBiotics Group

Cork, Florida, Ireland

PrecisionBiotics is an innovative Irish healthcare company and a global pioneer in the discovery, development, and commercialization of proprietary probiotic and pharmabiotic treatments. Its new and breakthrough scientific research is recognized around the world as being at the cutting edge of discovery and application. Alimentary Health, the research function of PB, is the foundation industry partner of the Alimentary Pharmabiotic Centre based at University College Cork, Ireland.

Buy €80M