Donaldson Company Acquires Purilogics
June 14, 2022
Donaldson Company, Inc. (NYSE: DCI) has acquired Purilogics, LLC, an early-stage biotechnology developer of membrane chromatography products, for an initial purchase price of approximately $20 million plus milestone-based earnouts. The acquisition brings Purilogics' membrane purification technology into Donaldson's Industrial Filtration Solutions business to accelerate commercialization and expand Donaldson's life sciences capabilities.
- Buyers
- Donaldson Company, Inc.
- Targets
- Purilogics, LLC
- Industry
- Biotechnology
- Location
- South Carolina, United States
- Transaction Type
- Buyout
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