M&A Deal Summary

Boehringer Ingelheim Acquires NBE-Therapeutics AG

On December 10, 2020, Boehringer Ingelheim acquired life science company NBE-Therapeutics AG from PPF Group N.V. for 1.2B EUR

Acquisition Highlights
  • This is Boehringer Ingelheim’s 7th transaction in the Life Science sector.
  • This is Boehringer Ingelheim’s 0th largest (disclosed) transaction.
  • This is Boehringer Ingelheim’s 2nd transaction in Switzerland.

M&A Deal Summary

Date 2020-12-10
Target NBE-Therapeutics AG
Sector Life Science
Buyer(s) Boehringer Ingelheim
Sellers(s) PPF Group N.V.
Deal Type Add-on Acquisition
Deal Value 1.2B EUR

Target

NBE-Therapeutics AG

Basel, Switzerland
website
NBE-Therapeutics is a privately-owned Swiss biotech company based in Basel and founded in 2012 with the vision of developing next-generation immune-stimulatory antibody-drug conjugate (iADC) products. NBE-Therapeutics advances its products to clinical proof of concept with the goal of improving treatment options for cancer patients. The company leverages proprietary platforms covering all aspects of ADC development: its Transpo-mAb Display technology for antibody discovery, its SMAC-Technology for site-specific payload conjugation of toxins to antibodies, and a novel highly effective and immune-stimulatory anthracycline-based toxin platform.

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Buyer(S) 1

Buyer

Boehringer Ingelheim

Ingelheim am Rhein, Germany

website


Category Company
Sector Healthcare Services
DESCRIPTION

Boehringer Ingelheim is a global group of companies embracing many cultures and diverse societies.


DEAL STATS #
Overall 9 of 12
Sector (Life Science) 7 of 10
Type (Add-on Acquisition) 8 of 10
Country (Switzerland) 2 of 2
Year (2020) 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-09 Labor Dr. Merk & Kollegen

Ochsenhausen, Germany

Labor Dr. Merk & Kollegen GmbH is in a process development, manufacturing and analytical characterization of viral therapeutics and oncolytic viral therapeutics. Labor Dr. Merk & Kollegen is based in Ochsenhausen, Germany.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-21 Abexxa Biologics

Arlington, Texas, United States

Abexxa Biologics is a biopharmaceutical company taking an approach in the fields of immuno-oncology and oncology to develop the next generation of precision medicine. Abexxa is focused on developing novel therapeutics around its newly discovered class of intracellular antigens (atypical HLA-peptide complexes) on cancerous cells. Abexxa Biologics is based in Arlington, Texas.

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Seller(S) 1

DESCRIPTION


DEAL STATS #
Overall 1 of 1
Sector (Life Science) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Switzerland) 1 of 1
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-05-22 Temsa Ulasim Araclari Sanayi Ve Ticaret AS

Adana, Turkey

Temsa Ulasim Araclari Sanayi Ve Ticaret AS is a bus manufacturer operating from a 510,000 square meters manufacturing facility and producing over 10,000 coaches, buses, and light trucks per year. Temsa buses are sold in almost 70 markets including the USA, UK, France, and Germany. Temsa was formed in 1968 and is based in Adana, Turkey.

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