Azenta Enters Definitive Agreement for the Sale of its B Medical Systems Business to THELEMA S.À R.L.

Group 1 - Azenta, Inc. has signed a binding agreement to sell its B Medical Systems business to THELEMA S.À R.L. for a purchase price of US$63 million, with the transaction expected to close on or before March 31, 2026 [1][2] - The sale of B Medical Systems is aimed at simplifying Azenta's portfolio to focus on core capabilities that have the highest strategic impact, with proceeds intended to strengthen the company and drive long-term value creation for shareholders [2] - B Medical Systems is a global manufacturer and distributor of medical refrigeration devices based in Luxembourg [2] Group 2 - William Blair acted as the exclusive financial advisor, while Taylor Wessing served as legal counsel for Azenta in this transaction [3] - Azenta, Inc. is a leading provider of life sciences solutions, offering a full suite of cold-chain sample management solutions and multiomics services for pharmaceutical, biotech, academic, and healthcare institutions globally [4] - The company is headquartered in Burlington, MA, and operates in North America, Europe, and Asia [5]