Bio-Techne Corporation (NasdaqGS:TECH) reached an agreement to acquire Lunaphore Technologies SA from PHC Holdings Corporation (TSE:6523) and others for approximately $170 million on June 22, 2023. Bio-Techne acquired Lunaphore for approximately $165 million, net of cash acquired. The transaction is expected to complete in first quarter of fiscal year 2024. Wenger Plattner acted as legal advisor to Bio-Techne. Bourgeois Avocat SA acted as legal advisor and UBS Investment Bank acted as financial advisor to Lunaphore Technologies.

Bio-Techne Corporation (NasdaqGS:TECH) completed the acquisition of Lunaphore Technologies SA from PHC Holdings Corporation (TSE:6523) and others for approximately $170 million on July 7, 2023. As reported, Bio-Techne acquired Lunaphore for $170.1 million, in a cash-free, debt-free acquisition.