Target Bio-Connect
Advisory sell side JB Law | Legal Advisory Corporate M&A
FBM Corporate Finance | M&A Advisory
Buyer Addlife
Advisory buy side KPMG | Financial Due Diligence
deBreij | Legal Advisory Corporate M&A
Date announced 2021-09-01
Data Room provider Virtual Vaults

Story:

Addlife, a Swedish medical technology company operating in Europe, has acquired Bio-Connect. Bio-Connect is a Dutch distributor with offices in life sciences and diagnostics in the Benelux. The goal behind Addlife's acquisition is to expand its European activities in the field of laboratory technology.
Bio-Connect has a turnover of around €14 million and has 31 employees in Huissen (Netherlands) and Brussels (Belgium). The company has its own sales force in both countries.

Source MenA
Source Addlife