ROG - Repligen To Acquire C Technologies For Bioprocessing Analytics
Quick Take
Repligen Corporation (RGEN) announced it has agreed to acquire C Technologies for about $240 million.
C Technologies manufactures fiber optic assemblies, instrumentation, as well as systems for spectroscopy applications.
With the deal, RGEN is adding a fourth business segment, that of analytics, as the firm continues its growth trajectory and investors respond by pushing the stock up sharply.
Target Company
Bridgewater, New Jersey-based C Technologies was founded in 1985 to manufacture fiber optic assemblies and instrumentation, as well as spectroscopy products for the biotech, government, industrial process, laboratory instruments, research institutions,