BIO-RAD LABORATORIES, INC. acquires Propel Labs cell sorting system
Snapshot
BIO-RAD LABORATORIES, INC. acquired Propel Labs cell sorting system for $5.0 million in cash at closing (plus contingent consideration recognized for the cell sorting system) in August 2012. The transaction was structured as all cash plus contingent consideration. Propel Labs cell sorting system is a Fort Collins, Colorado, USA-based Life Science business.
- Acquirer
- BIO-RAD LABORATORIES, INC.
- Target
- Propel Labs cell sorting system
- Value
- $5.0 million in cash at closing (plus contingent consideration recognized for the cell sorting system)
- Date
- August 2012
- Type
- asset purchase
- Status
- ready
The deal at a glance
About this deal
BIO-RAD LABORATORIES, INC. acquired Propel Labs cell sorting system for $5.0 million in cash at closing (plus contingent consideration recognized for the cell sorting system), a transaction completed in August 2012, structured as all cash plus contingent consideration. The deal was a asset purchase.
Propel Labs cell sorting system operates in Life Science, is based in Fort Collins, Colorado, USA. In August 2012, Bio-Rad acquired from Propel Labs, Inc. a new cell sorting system.
Life Science segment
No advisory firms have been disclosed for this transaction.