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Milliporesigma Announces Acquisition Of Mast® Platform From Lonza, A Leading Automated Bioreactor Sampling System To Advance Bioprocessing Capabilities

Apr 05, 2022over 3 years ago

Acquiring Company

MilliporeSigma

Acquired Company

Mast

London

Description

MilliporeSigma, the U.S. and Canada life science business of Merck KGaA, Darmstadt, Germany a leading science and technology company, today announced the acquisition of MAST® (Modular Automated Sampling Technology) platform from Lonza. The MAST® platform is an automated, aseptic bioreactor sampling system designed to advance bioprocessing capabilities for more efficient and cost-effective drug manufacturing. The MAST® platform was developed in Bend, Oregon. The financial details of the deal were not disclosed.

Company Information

Company

MilliporeSigma

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed