EQT to acquire Europa Biosite, a distributor of life science products

EQT Healthcare Growth seeks to scale healthcare companies by building commercial muscle and expanding reach, building on EQT's three-decade track record in the healthcare sector. Europa Biosite will draw on this experience to expand its own-brand offering in biospecimens, continue its acquisition strategy to strengthen local market presence and expand to new geographies, and invest in new digital infrastructure. The Company is also set to benefit from EQT's track record in specialized distribution, including Azelis, Beijer Ref, and OEM International, as well as EQT's industrial advisor network, with senior EQT advisor Kate Swann set to lead Europa Biosite's Board.
Comunicato Precedente

next
Comunicato Successivo

next

EQT Healthcare Growth seeks to scale healthcare companies by building commercial muscle and expanding reach, building on EQT's three-decade track record in the healthcare sector. Europa Biosite will draw on this experience to expand its own-brand offering in biospecimens, continue its acquisition strategy to strengthen local market presence and expand to new geographies, and invest in new digital infrastructure. The Company is also set to benefit from EQT's track record in specialized distribution, including Azelis, Beijer Ref, and OEM International, as well as EQT's industrial advisor network, with senior EQT advisor Kate Swann set to lead Europa Biosite's Board.

Rikke Kjær Nielsen, Partner in the EQT Healthcare Growth advisory team, commented: "Europa Biosite supports European scientific research by connecting thousands of labs with the reagents they need to advance discovery. With our support, the company will be set up to scale its business through investments into digital tools, strengthening of its supplier network, and acceleration of its M&A platform. We are proud to support a company that enables critical research and look forward to partnering with Europa Biosite's management team on the next leg of their journey."

"We're excited to partner with EQT for the next phase of growth. With growing demand for reagents and more scientists relying on these critical products, this is a pivotal moment for the business. EQT's expertise in scaling distributors will help us reach new customers, offer even better service, and bring exciting new products to market," said Sune Schmølker, CEO of Europa Biosite.

Kate Swann, Senior Industrial Advisor to EQT, commented: "I am excited to be taking on the role of Chairperson of Europa Biosite and to continue the partnership with EQT. The life sciences sector is vital and fast-moving, and Europa Biosite has a compelling opportunity to grow and contribute to its development. Building on my experience as Chairperson of Beijer Ref, another Swedish specialised distribution business, I look forward to supporting the company's scaling journey."

Contact 
EQT Press Office, [email protected] 

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/eqt/r/eqt-to-acquire-europa-biosite--a-distributor-of-life-science-products,c4185221

The following files are available for download:

 

Cision View original content:https://www.prnewswire.co.uk/news-releases/eqt-to-acquire-europa-biosite-a-distributor-of-life-science-products-302497511.html

Ufficio Stampa

 PR Newswire (Leggi tutti i comunicati)
209 - 215 Blackfriars Road
LONDON United Kingdom

Allegati
Slide ShowSlide Show
Non disponibili
;