Add-on Acquisition • Life Science

Revvity Acquires SIRION Biotech

On June 22, 2021, Revvity acquired life science company SIRION Biotech

Acquisition Context
  • This is Revvity’s 7th transaction in the Life Science sector.
  • This is Revvity’s 4th transaction in Germany.

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M&A Deal Summary

Date June 22, 2021
Target SIRION Biotech
Sector Life Science
Buyer(s) Revvity
Deal Type Add-on Acquisition

Target Company

SIRION Biotech

Martinsried, Germany
SIRION Biotech is a provider of viral vector-based technologies that drive improved delivery performance for cell and gene therapies. SIRION Biotech was founded in 2005 and is based in Martinsried, Germany.
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Buyer Overview 1

Buyer

Revvity

Waltham, Massachusetts, United States

Category Company
Founded 1937
Sector Medical Products
Employees11,000
Revenue 2.8B USD (2024)
DESCRIPTION

Revvity provides health science solutions, technologies, expertise and services that deliver complete workflows from discovery to development, and diagnosis to cure. Revvity is revolutionizing what’s possible in healthcare, with specialized focus areas in translational multi-omics technologies, biomarker identification, imaging, prediction, screening, detection and diagnosis, informatics and more. Revvity was formed in 1937 and is based in Waltham, Massachusetts.


Deal Context for Buyer #
Overall 35 of 37
Sector: Life Science 7 of 8
Type: Add-on Acquisition 33 of 35
Country: Germany 4 of 4
Year: 2021 4 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-17 Immunodiagnostic Systems

Boldon, United Kingdom

Immunodiagnostic Systems is engages in the development, manufacture, and marketing of in-vitro diagnostic tests (IVD) to the clinical laboratory market. It operates through the following business units: Automated IVD Business, Manual IVD Business, and Licensing and Technology. Immunodiagnostic Systems was founded in 1977 and is headquartered in Boldon, the United Kingdom.

Buy $155M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-26 BioLegend

San Diego, California, United States

BioLegend is a provider of life science antibodies and reagents for biomedical research. BioLegend is based in San Diego, California.

Buy $5.3B