ChemoMetec makes offer to buy Ovizio Imaging Systems SA
September 20 2024 - 11:06AM
UK Regulatory
ChemoMetec makes offer to buy Ovizio Imaging Systems SA
ANNOUNCEMENT NO. 276
20 September 2024
ChemoMetec makes offer to buy Ovizio
Imaging Systems SA
ChemoMetec has submitted an indicative offer to
buy Belgian company Ovizio Imaging Systems (‘Ovizio’), which has
been accepted by the company’s group of owners. ChemoMetec now has
three weeks to carry out a due diligence, and if the outcome of
this is positive, ChemoMetec will most likely proceed with the
acquisition.
Ovizio has developed a cell counter based on
holographic microscopy. The instrument is primarily used in
bioprocessing and in cell and gene therapy. Ovizio’s product is
connected directly to the customers’ bioreactors via a disposable
item, which is supplied sterilised and with a high degree of
cleanness. With the cell counter, cells can be continuously
extracted from the bioreactor for analysis and subsequently
returned to the bioreactor.
Ovizio has a number of respected customers in
the pharmaceutical and biotech industries. In 2023, the company
reported revenue of EUR 1.4 million, of which a substantial part
was generated through sales of consumables and service
contracts.
ChemoMetec’s Management believes that the
technologies and expertise of the two companies will complement
each other on the market for automated and integrated cell
counting.
At present, it is not possible to assess how a
potential acquisition of Ovizio would affect ChemoMetec’s guidance
for the 2024/25 financial year.
Additional information
Martin Helbo Behrens, CEO
Tel.: (+45) 48 13 10 20
Kim Nicolajsen, CFO
Tel.: (+45) 48 13 10 20
About ChemoMetec A/S
ChemoMetec develops, manufactures and
markets instruments for cell counting and a wide range of other
measurements.
ChemoMetec’s instruments are marketed to the pharmaceutical,
biotech and agricultural industries worldwide. ChemoMetec’s
customers include some of the world’s leading pharmaceutical
companies.
ChemoMetec was founded in 1997 and is listed
on Nasdaq OMX Copenhagen. For further information, go
to www.chemometec.com.
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