REPLIGEN CORP acquires BioFlex Solutions, LLC and Newton T&M Corp (NTM)
The deal at a glance
REPLIGEN CORP acquired BioFlex Solutions, LLC and Newton T&M Corp (NTM) for ~$31.6 million total consideration, a transaction completed in December 2021, structured as cash (with escrow).
BioFlex Solutions, LLC and Newton T&M Corp (NTM) operates in Fluid Management, is based in Newton, New Jersey, USA. Acquisition of Newton T&M Corp (NTM), the parent of BioFlex Solutions, LLC, including BioFlex's commercialization arm and NTM's manufacturing operations. Both companies, headquartered in Newton, New Jersey, manufacture and commercialize single-use fluid-management products, expanding Repligen's single-use flow-path and assembly capabilities.
Per Repligen's 10-K, NTM (manufacturing) and BioFlex (commercialization) expand Repligen's single-use fluid-management portfolio and vertical manufacturing capability.
Vertical integration of single-use fluid-management manufacturing. Expands single-use flow-path and assembly portfolio. Repligen Fluid Management
No advisory firms have been disclosed for this transaction.