CHARLES RIVER LABORATORIES INTERNATIONAL, INC. acquires Brains On-Line
Snapshot
CHARLES RIVER LABORATORIES INTERNATIONAL, INC. acquired Brains On-Line for $21.3 million in cash (plus contingent payments) in January 2018. The transaction was structured as all cash. Brains On-Line is a Netherlands and United States-based Discovery and Safety Assessment (DSA) business.
- Acquirer
- CHARLES RIVER LABORATORIES INTERNATIONAL, INC.
- Target
- Brains On-Line
- Value
- $21.3 million in cash (plus contingent payments)
- Date
- January 2018
- Type
- full acquisition
- Status
- ready
The deal at a glance
About this deal
CHARLES RIVER LABORATORIES INTERNATIONAL, INC. acquired Brains On-Line for $21.3 million in cash (plus contingent payments), a transaction completed in January 2018, structured as all cash.
Brains On-Line operates in Discovery and Safety Assessment (DSA), is based in Netherlands and United States. Brains On-Line was a leading CRO providing critical data that advances novel therapeutics for the treatment of central nervous system (CNS) diseases.
Brains On-Line strategically expands our existing CNS capabilities and establishes us as a single-source provider for a broad portfolio of discovery CNS services. The purchase price for Brains On-Line was $21.3 million in cash.
DSA segment, CNS discovery services
No advisory firms have been disclosed for this transaction.