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Trinity Biotech sells coagulation business to Stago for $90mm

Executive Summary

Trinity Biotech PLC (reagents and instruments for point-of-care and laboratory diagnostics) has sold its global coagulation operations to Diagnostica Stago for $90mm. Of the total, $67.5mm was paid up front, and two payments of $11.25mm each will be made on the first and second anniversaries of the deal closing.
Deal Industry
  • Biotechnology
  • In Vitro Diagnostics
Deal Status
  • Final
Deal Type
  • Acquisition
    • Payment Includes Cash
    • Partial Acquisition
    • Includes Earnout

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