Astorg Builds ART Giant with FUJIFILM Irvine Scientific Acquisition
Deal News | Jan 21, 2025 | ASTORG
Astorg, a prominent private equity firm, is consolidating its position in the assisted reproductive technology (ART) sector through a series of strategic acquisitions. Recently, Astorg finalized the take-private deal of Hamilton Thorne and concurrently acquired Cook Medical's Reproductive Health business. Building on this, Astorg has signed a definitive agreement to acquire FUJIFILM Irvine Scientific's Medical Media Business. This acquisition involves assets related to in-vitro fertilization (IVF), infertility research, and cytogenetic analysis. By integrating these three businesses, Astorg aims to launch a new global leader in ART MedTech, complete with a refreshed brand identity set for release this year. The move signifies Astorg's strategic intent to capitalize on the synergies between these complementary businesses, establishing an unparalleled market position in the ART and related biotechnology sectors.
Sectors
- Assisted Reproductive Technology (ART)
- Biotechnology
- Private Equity
Geography
- United States – Astorg's acquisition of FUJIFILM Irvine Scientific's business, headquartered in the U.S., positions the company within this geographical market.
- Europe – Astorg is based in Luxembourg, with offices in key European cities like London and Paris, indicating its strong European market presence.
Industry
- Assisted Reproductive Technology (ART) – This industry involves technologies and products related to human reproduction, including IVF and related services, highlighting Astorg's acquisitions in this sector.
- Biotechnology – This sector includes companies and products based on biological processes, touching upon the cytogenetic analysis and infertility research sectors involved in the acquisitions.
- Private Equity – Astorg, as a private equity firm, is actively investing in and consolidating multiple companies within the ART and MedTech sector.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Astorg | Bidding Company | Company | A private equity firm focusing on strategic investments in various sectors, leading the acquisitions. |
| FUJIFILM Irvine Scientific | Selling Company | Company | Provider of media solutions for IVF and related biotechnology sectors, whose specific business unit was acquired. |
| Hamilton Thorne | Target Company | Company | A firm specializing in ART, recently taken private by Astorg. |
| Cook Medical Reproductive Health | Target Company | Company | Specializes in reproductive health technologies, acquired by Astorg. |