mynth
08/2020

SCIENION acquired by CELLINK

GERMANY Industrial Equipment / Special Machinery / Lab & Scientific Equipment EV €50–150M

Context

Cellink has finalized a definitive agreement to acquire Scienion in a move designed to fundamentally transform its role in the global diagnostics and pharmaceutical markets. The strategic rationale for this transaction centers on a "vertical-integration" play, merging the target's industry-leading technical operational depth in precision picoliter dispensing with the group’s established global leadership in bioprinting and single-cell handling. This structural alignment provides the organization with the scientific talent and high-performance hardware—specifically the target's proprietary dispensing platforms—required to address the increasing demand for standardized high-throughput production of clinically approved diagnostic devices.

SCIENION, which reported an EBITDA margin of [members only] in 2019, is valued in this transaction at an EV/EBITDA multiple of 15x–25x, representing a premium to the average currently observed in the Industry & Manufacturing sector (11.7x).

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Target

Scienion AG is a Germany company specialized in Life Sciences Tools. The company has carved out a distinct space in the biotechnology market by focusing on the "inkjet-like" precision handling of even the most sensitive biological molecules. Instead of standard liquid handling, they thrive on a philosophy of ultra-low volume dispensing, allowing researchers to spot DNA, proteins, and human cells in the picoliter and nanoliter range with absolute accuracy. What makes them a go-to partner for the diagnostic and pharmaceutical sectors is their ability to scale from early-stage laboratory discovery to the high-throughput manufacturing of millions of diagnostic devices.

Ent. Value

€50–150M

Equity Value

[members only]

Multiples

EV / Revenue

2x–6x

EV / EBITDA

15x–25x

EV / EBIT

[members only]

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2019
€10–30M
€5–25M
[members only]
2018
€10–30M
€5–25M
[members only]

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REFERENCES

Valuation range: EV €50–150M

Revenue range: €10–30M

EBITDA range: €5–25M

EV/Revenue range: 2x - 6x

EV/EBITDA range: 15x - 25x

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of SCIENION by CELLINK are reserved for mynth community members. Register for free to unlock full data.

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Acquirer: cellink