Foley Represents BICO in Sale of MatTek and Visikol to Sartorius for $80M
1 Articles
1 Articles
Foley Represents BICO in Sale of MatTek and Visikol to Sartorius for $80M
Foley & Lardner LLP represented BICO Group AB (“BICO”) in its agreement to sell MatTek Corp and Visikol Inc to Sartorius Lab Holding GmbH (“Sartorius”) for $80 million. The transaction follows BICO’s updated strategy to focus on lab automation and selected workflows, with proceeds from the sale used to strengthen BICO’s balance sheet and accelerate its growth agenda. The transaction is expected to close in Q2 2025.MatTek is a market-leading prov…
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