Biotage acquires ATDBio and strengthens its position in DNA and RNA Oligonucleotide synthesis and purification
Biotage AB (publ) (“Biotage”) has today entered into an agreement to acquire all outstanding shares in the privately held company ATDBio Limited (“ATDBio”) based in Oxford and Southampton, UK, for a total purchase price of approx. 45 MGBP on a debt free and cash free basis (corresponding to approx. 534.4 MSEK[1]) financed through a combination of a share issue of new ordinary Biotage shares, cash at hand and a revolving credit facility. The transaction closed in connection with the entering into the share purchase agreement. The acquisition of ATDBio adds important platform solutions to