Bruker Announces Share Purchase Agreement to Acquire Molecular Diagnostics Innovator ELITechGroup
This put option has now been exercised, and the parties have entered into a binding share purchase agreement.
- This put option has now been exercised, and the parties have entered into a binding share purchase agreement.
- ELITechGroup, with over 500 employees and over 40 active patents, develops and commercializes innovative, proprietary molecular diagnostic (MDx) systems and assays, as well as niche biomedical systems and microbiology products.
- Establishing this unique business within Bruker - a well-respected global life-science tools and specialty diagnostics company - provides an exciting opportunity to further grow our molecular diagnostics, microbiology and biomedical systems portfolios.
- Upon closing, ELITech is expected to be a stand-alone business within Bruker’s Microbiology and Infection Diagnostics division, as a part of the Bruker CALID Group.