REPLIGEN CORP acquires TangenX Technology Corporation
The deal at a glance
REPLIGEN CORP acquired TangenX Technology Corporation for EUR 37.0 million (~USD 39.0 million), all cash, a transaction completed in December 2016, structured as all cash.
TangenX Technology Corporation operates in Filtration, is based in Shrewsbury, Massachusetts, USA, had revenue of about ~$7.0-$7.5 million projected annual revenue contribution. Acquisition of TangenX Technology Corporation, adding innovative single-use, flat-sheet tangential flow filtration (TFF) cassettes (the SIUS line) to Repligen's filtration portfolio.
TangenX's single-use TFF cassette technology aligned with Repligen's focus on technological innovation and expanded its filtration offering.
Single-use TFF cassette technology complementing the filtration franchise. Filtration portfolio expansion. Repligen Filtration franchise
No advisory firms have been disclosed for this transaction.