Sekisui Chemical Co., Ltd. acquired Veredus Labolatories Pte Ltd. (engaged in multiplexed molecular solutions, Singapore)
Tokyo – Frontier Management Inc. (CFI Japan) is pleased to announce that they acted as financial advisor to Sekisui Chemical Co., Ltd. in the acquisition of of 100% of the shares of Veredus Laboratories Pte Ltd. (engaged in multiplexed molecular solutions, Singapore).
Sekisui Chemical Co., Ltd. is a Japanese diversified holding company that owns a high-performance-plastics company, a residential construction company, and an urban infrastructure company.
Founded in 2003, Veredus Laboratories Pte Ltd (hereinafter, “Veredus”) specializes in the development, manufacturing and marketing of innovative multiplexed molecular solutions in the clinical, specialty, and custom testing markets based on STMicroelectronics’ Lab-on-Chip platform. The Lab-on-Chip platform, also known as the VerePLEX™ Biosystem, combines Micro-Electro Mechanical Systems (MEMS) with micro-fluidics to integrate multiplexed DNA amplification with microarray detection for rapid, cost-effective, and accurate analysis of biological materials.
The transaction closed on 29. March 2018.
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