HUMAN Gesellschaft für Biochemica und Diagnostica mbH acquired LABiTec GmbH
Frankfurt, January 2014. CFP BioConnect – now ACXIT Capital Partners – acted as sole financial advisor to HUMAN Gesellschaft für Biochemica und Diagnostica mbH, based in Wiesbaden/Germany, on the acquisition of the entire share capital of LABiTec LAbor BioMedical Technologies GmbH (“LABiTec”), based in Ahrensburg/Germany.
LABiTec specializes on the development, manufacturing and distribution of diagnostic analyzers and consumables, with main focus on clinical coagulation, point of care testing and platelet-function (aggregation) diagnostic systems.
With this strategic move, HUMAN strengthens its internal technological competence for the development and production of diagnostic coagulation analyzers and broadens its product offering with a fully automatic machine. Financial terms of the transaction were not disclosed.
This transaction further enhances CFP BioConnect’s track record in the diagnostics industry and adds HUMAN as an important global player in the IVD market to its list of customers.
About ACXIT Capital Partners
ACXIT Capital Partners is a leading international corporate finance and investment advisory firm for mid-market clients and entrepreneurs in Europe and beyond. Since 1998, we offer our clients comprehensive corporate finance advisory services including M&A and capital markets advisory as well as restructuring, debt and strategic advisory. As an independent, privately owned firm we maintain offices in Frankfurt, Berlin, Munich, Zurich, Vienna and Hong Kong as well as strong alliances in China, India and the USA.
To date, we have completed more than 350 transactions with a total deal/financing volume of approx. EUR 17bn. Our clients are corporations, family-owned businesses, entrepreneurs, financial sponsors and family offices. While our home market is in the German speaking region, most clients are international and transactions cross-border. (www.acxit.com)
ACXIT Capital Holding GmbH
60323 Frankfurt am Main
Dr. Ingmar Ackermann, Managing Partner