STRATEC COMPLETES ACQUISITION OF SONY DADC BIOSCIENCES

Birkenfeld — STRATEC Biomedical AG, Birkenfeld, Germany (Frankfurt: SBS; Prime Standard, TecDAX) today announces the successful completion of the acquisition of Sony DADC BioSciences GmbH (“BioSciences”), a leading global OEM supplier of smart consumables for diagnostics, life sciences and medical technology applications.

On June 8, 2016, STRATEC announced that it signed an agreement with Sony DADC Austria AG (”Sony DADC”), based in Anif/Salzburg, Austria, to acquire all of the shares of BioSciences, a wholly-owned subsidiary of Sony DADC.

The joining of these companies will enlarge STRATEC’s capabilities to serve its customers, by combining macro-and microfluidic solutions as well as offering services spanning sample preparation solutions, software, instrument automation and polymer consumables development and manufacturing. The acquisition diversifies STRATEC’s overall customer structure and extends the value chain significantly.

Going forward, the business will operate

STRATEC COMPLETES ACQUISITION OF SONY DADC BIOSCIENCES

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