Brooks Automation, Inc. has acquired BioSpeciMan Corporation Biorepository

Circuit board. Source: Gerd Altmann, no changes made, CC0 Creative Commons.

 

Brooks Automation, Inc. (Nasdaq: BRKS) is a leading worldwide provider of automation and cryogenic solutions for multiple markets including semiconductor manufacturing and life sciences. Brooks’ technologies, engineering competencies and global service capabilities provide customers speed to market and ensure high uptime and rapid response, which equate to superior value in their mission-critical controlled environments.  Since 1978, Brooks has been a leading partner to the global semiconductor manufacturing market.  Since 2011, Brooks has applied its automation and cryogenics expertise to meet the sample storage needs of customers in the life sciences industry.  Brooks’ life sciences offerings include a broad range of products and services for on-site infrastructure for sample management in temperatures of ‑20°C to -150°C, as well as comprehensive outsource service solutions across the complete life cycle of biological samples including collection, transportation, processing, storage, protection, retrieval and disposal.  Brooks is headquartered in Chelmsford, MA, with direct operations in North America, Europe and Asia.

Brooks has announced that it acquired BioSpeciMan Corporation, a Canadian provider of storage, 7000 sq. ft. at last count, operating at between -22ºC and -80ºC with services for biological sample materials headquartered in Montréal, Canada with operations in both Montréal and Kutztown, PA.  The availability of multiple sites provided valuable benefits to the company’s clients. The total cash purchase price of the acquisition was approximately US$5 million, subject to customary working capital and other adjustments.

BioSpeciMan, founded in 2002, provides temperature controlled biological sample storage services to an attractive mix of pharma, biotech and contract lab customers.  The company identified a biobanking niche servicing the biopharmaceutical, biotech, and health service industry. BioSpeciMan is the latest addition to the Brooks Life Sciences service offerings, expanding customer relationships and geographic reach within its growing sample management storage services business.

 

Sources

  1. https://www.prnewswire.com/news-releases/brooks-automation-announces-the-acquisition-of-a-canadian-biorepository-300635772.html

 

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