Acquisitions · Medical devices (biomaterials)
GNI Group buys California biomaterials maker Berkeley Advanced Biomaterials
- Buyer
- GNI Group (Tokyo)
- Target
- Berkeley Advanced Biomaterials, Berkeley, California
- Value
- About ¥6.5B
- Status
- Completed in 2017.
- Date
- 2017-04-18
GNI Group bought Berkeley Advanced Biomaterials, a biomaterials company in Berkeley, California, for about ¥6.5 billion.
Why it matters
The deal gives GNI, a drug developer with operations in Japan and China, a revenue-producing US medical products business.
Sources
Kakehashi M&A News home
