Donaldson Snaps Univercells Technologies for €136M
Portfolio Pulse from Benzinga Newsdesk
Donaldson Company, Inc. (NYSE:DCI) has acquired Univercells Technologies, a provider of biomanufacturing technologies for advanced therapies and vaccine production, from Gamma Biosciences and Univercells SA for approximately €136M in cash net of debt.
June 30, 2023 | 7:24 am
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Donaldson Company's acquisition of Univercells Technologies could potentially strengthen its position in the biomanufacturing market.
The acquisition of Univercells Technologies, a provider of novel biomanufacturing technologies, could potentially enhance Donaldson Company's capabilities and market position in the biomanufacturing sector. This could lead to increased revenues and profitability in the future, which could positively impact the company's stock price in the short term.
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