Sartorius Closes Acquisition of TAP Biosystems Group plc
Sartorius, a leading international laboratory and pharmaceutical equipment provider, successfully completed its acquisition of UK company TAP Biosystems Group plc last Monday.
SartoriusThe cash offer made through Sartorius’ wholly owned subsidiary Sartorius Stedim Biotech
valued TAP Biosystems Group plc at approximately €33 million and had been approved by
TAP Biosystems’ shareholders on November 21, 2013.
The takeover of TAP Biosystems Group plc will enable Sartorius to further extend its
bioprocess portfolio in the area of fermentation, especially in the early phases of product and
process development. Founded in 1987, the company is headquartered in Royston, UK,
generated sales revenue of approximately €26 million in 2012/2013 and employs around 160
people worldwide.
This press release contains statements about the future development of the Sartorius Group. The
content of these statements cannot be guaranteed as they are based on assumptions and estimates
that harbor certain risks and uncertainties.
