Thu, 31 Dec 2015 | BUSINESS SALE
Research Instruments, a company specialising in in-vitro fertilisation (IVF) developments, has been bought by US-based CooperSurgical.
Based in Falmouth, Cornwall, Research Instruments specialises in cutting-edge technology for both consumables and hardware used in IVF treatment and research.
CooperSurgical, the women's healthcare division of The Cooper Companies, Inc, eyed the UK business to help it strengthen its own IVF offering.
The business sale was agreed for the total cash consideration of $51 million and the British company received advice from a team at Ashfords, led by corporate partners Stuart Mathews and Andrew Betteridge.
Mr Matthews commented: “This sale is the culmination of years of hard work by William, Justin and David who together have built an outstanding global business.
“The deal brings together two important players in the IVF field and provides a strong strategic growth opportunity for CooperSurgical. We wish the business continued success under its new ownership.”
Research Instruments was founded by William Brown, Justin Retallack and David Lansdowne in the early 1980s and has expanded to become the largest global supplier of assisted reproductive technology.
View businesses for sale.
This company specialises in supplying the highest quality natural stone products, offering a complete turnkey solution to its customers from sourcing, through to processing, design and final distribution and delivery. Offers invited.
RELOCATABLE
Precision Engineering Business for sale operating with a modern, well equipped machine shop, offering Engineering Development Modelling (EDM), CNC turning & milling, grinding, boring and fitting. Offers invited.
LEASEHOLD
High quality practice with strong middle management on the market for the first time. Established: 25 to 30 years. Strong middle-tier management to support acquirer throughout the transition period and on an ongoing basis. Locations: Cheshire, Mersey...
|
20
|
|
Sep
|
Thomas Cook seeking 'last-ditch' fire sale | BUSINESS SALE
Thomas Cook Group is reportedly trying to piece together a l...
|
19
|
|
Sep
|
Smith & Williamson and Tilney to merge | MERGER
After revealing in August this year that talks were in place...
|
18
|
|
Sep
|
Infrastructure investment manager takes stake in LJLA | BUSINESS SALE
Infrastructure investment management group, Ancala Partners,...
Sign up to receive our acquisition alert emails to get your FREE guide
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources