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Stock impact report

Mesa Labs Acquires Gyros Protein Technologies

Mesa Laboratories, Inc. (MLAB) 
Last mesa laboratories, inc. earnings: 2/10 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: mesalabs.com/corporate
Company Research Source: Business Wire
LAKEWOOD, Colo.--(BUSINESS WIRE)--Mesa Laboratories, Inc. (NASDAQ:MLAB) (we, us, our, “Mesa” or the “Company”), a diversified supplier of quality control instruments and consumables to highly regulated markets today announced the acquisition of Gyros Protein Technologies Holding AB (“GPT”). GPT is headquartered in Uppsala, Sweden and is a leading provider of Immunoassay and Peptide Synthesis solutions that accelerate the discovery, development and manufacturing of biotherapeutics. The acquisition deepens our commitment to biopharmaceutical quality control and will be the core of our new platform, Biopharmaceutical Development. We acquired GPT from AP6 (Sixth Swedish National Pension Fund), Ampersand Capital Partners and various individual shareholders.The acquisition price for GPT consisted of cash consideration of $180 million, subject to purchase price adjustments. The acquisition is expected to add between $37 million to $40 million of revenues during the first 12 months (of wh Show less Read more
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