REPLIGEN CORP acquires Atoll GmbH
The deal at a glance
REPLIGEN CORP acquired Atoll GmbH for ~$22.5 million total upfront ($9.1M cash + Repligen stock) plus a potential EUR 1.0M payment, a transaction completed in April 2016, structured as combination (cash plus stock) with contingent payment.
Atoll GmbH operates in Chromatography, is based in Weingarten, Germany, had revenue of about ~$3.0-$3.5 million projected annual revenue contribution. Acquisition of Atoll GmbH & Co. KG, maker of the MediaScout family of pre-packed chromatography products, broadening Repligen's portfolio and expanding its customer base, particularly complementing the OPUS pre-packed disposable chromatography column line.
Atoll's MediaScout product line and the synergies with Repligen's OPUS columns were the strategic driver; the deal broadened the chromatography portfolio and customer base.
Technology and market fit with OPUS; accelerating chromatography demand. Portfolio fit with OPUS pre-packed columns. Repligen Chromatography franchise
No advisory firms have been disclosed for this transaction.