Pivotal Scientific Limited is pleased to have supported 2bScientific Limited in their asset purchase agreement with Newmarket Scientific Limited. We provided comprehensive M&A advisory services, including creating long and short lists of potential targets (learn about list generation here), conducting thorough commercial due diligence (CDD), and negotiating the sale price. Our team led the entire process, from identifying and engaging with Newmarket Scientific Limited to completing the transaction.
On behalf of 2bScientific Limited, Pivotal Scientific Limited conducted an in-depth review of Newmarket Scientific Limited, enabling 2bScientific to effectively evaluate the opportunity. We recommended proceeding with the agreement based on the shared client base and complementary diagnostic capabilities of both companies.
We are pleased for both parties involved, as the acquisition aligns with 2bScientific’s strategy and is expected to enhance its position in the UK life science market.
Newmarket Scientific Limited:
Based in Kennet, England, Newmarket Scientific Limited distributes a range of Research Use only Reagents and IVD-R/CE marked products to their UK and Ireland customers from a number of specially selected reagent partners.
2BScientific Limited:
Based in Kirtlington, Oxfordshire, UK, 2BScientific is a leading distributor of innovative life science products, serving customers in the UK, Europe, and worldwide. Distributing products ranging from cutting-edge assays and technologies to reagents for basic research, they offer a wide range of innovative products that are designed to meet the needs of researchers across a variety of areas, Academia, Biotech, Pharma & Hospitals. An ISO 9001 & ISO 14001 company.
Pivotal Scientific Limited:
Established in 2008, Pivotal Scientific Limited (PSL) is a dynamic and experienced life science consultancy that assists companies in growing their brand and sales in this highly competitive market. PSL do this by supporting their clients at all stages of the business life cycle – creating business plans, facilitating corporate introductions, and giving advice during mergers and acquisitions to both those buying and those selling organisations.
