BICO has completed the divestment of MatTek and Visikol
July 1, 2025 5:30 pmBICO has as of today completed the divestment of MatTek and Visikol to Sartorius, for USD 80m on a cash and debt-free basis, after customary regulatory approval has been obtained. Following transaction costs, net debt and working capital adjustments net proceeds are estimated to amount to USD 77.2m.
The divestment follows the Group’s updated strategy with focus on lab automation and selected workflows. The proceeds from the transaction will be used to strengthen BICO’s balance sheet.
Financial impact will be reported in the interim report for Q2 2025. In BICO’s financial reporting MatTek and Visikol will be treated as discontinued operations from Q2 2025.
For further information on the divestment, please see the press release which was published on April 4, 2025.
