PR Newswire6-25

Merck KGaA agrees to buy Bio-Techne for $73 a share in $11.3 billion deal

Merck KGaA said it will acquire U.S. life sciences company Bio-Techne (NASDAQ: TECH) for $73 per share in cash, valuing the deal at an enterprise value of $11.3 billion and representing a 36% premium to Bio-Techne’s one-month average price. The transaction is expected to close in late 2026 or early 2027, subject to shareholder and regulatory approvals. Bio-Techne will be delisted after completion, and Merck KGaA said the acquisition will strengthen its position in faster-growing areas such as multiomics, spatial biology, and cell and gene therapy. Merck KGaA expects annual cost synergies of about EUR 140 million.

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