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Trinity Biotech sells coagulation business to Stago for $90mm
May 2010
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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Trinity Biotech sells coagulation business to Stago for $90mm
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