Add-on Acquisition • Medical Products

Shandong Oriental Ocean Sci-tech Co. Acquires Avioq

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

Acquisition Context

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.

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M&A Deal Summary
Date	April 18, 2016
Target	Avioq
Sector	Medical Products
Buyer(s)	Shandong Oriental Ocean Sci-tech Co.
Deal Type	Add-on Acquisition

Target Company

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 Overview 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 Context for Buyer	#
Overall	1 of 1
Sector: Medical Products	1 of 1
Type: Add-on Acquisition	1 of 1
State: North Carolina	1 of 1
Country: United States	1 of 1
Year: 2016	1 of 1

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