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Meridian Bioscience Acquired By SD Biosensor In $1.53Bn Cash Deal

 
• By Marion Webb

Diagnostic kit maker Meridian Bioscience will be acquired by South Korean firms SD Biosensor and PE firm SJL Partners, accelerating entry into US market.

M&A
• Source: Alamy

Meridian Bioscience, Inc. said on 7 July it will be acquired by SD BioSensor, Inc. and SJL Partners in an all-cash deal valued at $1.53bn.

“In addition to delivering immediate and significant value to our shareholders, we believe the transaction will enhance our ability to serve customers as we navigate the decline in COVID-19 testing...

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