Cell Signaling Technology Acquires Distributor

CST was established in 1999 and has more than 260 employees. According to The Boston Globe, the company generated revenues of $61 million in 2007. The company is known for its phospho-specific antibodies for studying protein phosphorylation, a regulatory mechanism of cellular processes. The company also offers PhosphoScan services for the discovery of phosphorylation markers.

Danvers, MA 7/9/09—Cell Signaling Technology (CST), a manufacturer of antibodies and reagent products, has acquired all the shares of Netherlands-based BIOKÉ BV, its distributor for the Benelux region. Renamed Cell Signaling Technology Europe, the business will begin filling orders effective January 1, 2010. “This acquisition will permit CST to better support its European customers and distributors and help increase the company’s brand recognition in that region of the world,” stated Fenel M. Eloi, COO of CST. “A company needs to have good control of its distribution channels in key markets. To that end, CST established its Japanese operation in 2008 followed by China earlier this year and for now concludes with this acquisition in Europe.”

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