M&A Deal Summary

Standard BioTools Acquires InstruNor AS

On February 26, 2020, Standard BioTools acquired life science company InstruNor AS for 7M USD

Acquisition Highlights
  • This is Standard BioTools’ 1st transaction in the Life Science sector.
  • This is Standard BioTools’ largest (disclosed) transaction.
  • This is Standard BioTools’ 1st transaction in Norway.

M&A Deal Summary
Date 2020-02-26
Target InstruNor AS
Sector Life Science
Buyer(s) Standard BioTools
Deal Type Add-on Acquisition
Deal Value 7M USD

Target

InstruNor AS

Fagerstrand, Norway
InstruNor AS specializes in Flow Cytometry instruments. The FlowStainer is a sample preparation instrument that prepares blood samples at the forefront of flow cytometry analysis. The instrument is primarily developed to handle pathology protocols including wash steps, centrifuge, and multiple antibody staining.

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Buyer(S) 1

Buyer

Standard BioTools

South San Francisco, California, United States
Category Company
Founded 1999
Sector Life Science
Employees534
Revenue 106M USD (2023)
DESCRIPTION

Standard BioTools is an industry's major biotechnology tools provider with a vision to improve life through comprehensive health insight. Fluidigm Corp. focuses on the most pressing needs in translational and clinical research, including cancer, immunology, and immunotherapy. Using proprietary CyTOF® and microfluidics technologies, we develop, manufacture, and market multi-omic solutions to drive meaningful insights in health and disease, identify biomarkers to inform decisions and accelerate the development of more effective therapies. Standard BioTools was founded in 1999 and is based in South San Francisco, California.

DEAL STATS #
Overall 1 of 1
Sector (Life Science) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Norway) 1 of 1
Year (2020) 1 of 1
Size (of disclosed) 1 of 1
Mergr

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