Bio-Techne Acquires Space Import-Export and Strengthens European Leadership Team

Minneapolis–Bio-Techne Corporation (NASDAQ: TECH) announced today the acquisition of Space Import-Export Srl (Space) of Milan, Italy. Space is a long and trusted partner of Bio-Techne, distributing its products since 1985 and creating a very effective and visible presence in the Italian market. Space’s Mr. Luca Cicchetti, will remain with Bio-Techne as Managing Director and lead the Company’s southern European commercial operations.

In conjunction with the Space acquisition, Bio-Techne is announcing the hiring of Mr. Gary Stapleton as Vice President of Europe. Mr. Stapleton comes to Bio-Techne with extensive international experience in operations and finance. Mr. Stapleton will be responsible for Bio-Techne’s sales and operations for all of Europe and the Middle East.

Charles R. Kummeth, President and Chief Executive Officer of Bio-Techne, commented, “Space has done an excellent job growing our business in the Italian market and is well recognized as our trusted representative in this territo

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