M&A Deal Summary

Shandong Oriental Ocean Sci-tech Co. Acquires Avioq

On April 18, 2016, Shandong Oriental Ocean Sci-tech Co. acquired medical products company Avioq

Acquisition Highlights
  • This is Shandong Oriental Ocean Sci-tech Co.’s 1st transaction in the Medical Products sector.
  • This is Shandong Oriental Ocean Sci-tech Co.’s 1st transaction in the United States.
  • This is Shandong Oriental Ocean Sci-tech Co.’s 1st transaction in North Carolina.

M&A Deal Summary

Date 2016-04-18
Target Avioq
Sector Medical Products
Buyer(s) Shandong Oriental Ocean Sci-tech Co.
Deal Type Add-on Acquisition

Target

Avioq

Research Triangle Park, North Carolina, United States
Avioq, Inc. is a developer and manufacturer of diagnostic test kits, and critical biomaterials to third parties.

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Buyer(S) 1

Buyer

Shandong Oriental Ocean Sci-tech Co.

Yantai City, China

Category Company
Founded 2001
Sector Agriculture
DESCRIPTION

Shandong Oriental Ocean Sci-tech Co., Ltd. is a provider of seafood seed breeding, farming, seafood processing, bonded storage business. It is a subsidiary of Shandong Oriental Ocean Group Co., Ltd.


DEAL STATS #
Overall 1 of 1
Sector: Medical Products M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: North Carolina M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2016 M&A 1 of 1