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Mergers and Acquisitions

Date: 2017-08-28

Type of information: Company acquisition

Acquired company: Natrix Separations (Canada)

Acquiring company: Merck KGaA (Germany)

Amount: undisclosed

Terms:

  • • On August 28, 2017, Merck KGaA announced that it has entered into an agreement to acquire Natrix Separations, a Canada-based provider of hydrogel membrane products for single-use chromatography. The transaction is expected to close in Q3 of 2017. . This acquisition complements Merck’s efforts to drive nextgeneration bioprocessing, ultimately enabling faster, more efficient technology for its customers.

Details:

  • Natrix Separations is a Canadian supplier of disposable chromatography products to the life science, food, beverage and water markets. Its patented technology consists of a polymeric hydrogel formed within a flexible porous support matrix. The support matrix provides mechanical strength, while the hydrogel properties determine the separation chemistry of the product. The macroporous structure that is formed provides a large surface area for binding and facilitates rapid mass transfer, supporting high flow rates while providing highly efficient capture of the target molecule. This technology will enable highly selective chromatographic separations in many applications where no commercially viable separation process currently exists. Natrix markets both an anion exchange membrane and cation exchange membrane. The company is also developing additional products to enable a fully single-use, full-scale biological purification process.

Related: Technology - Services

Is general: Yes