Merck KGaA / Bio-Techne

MN-25049

Merck KGaA (**Merck**) proposes to acquire 100% of Bio-Techne Corporation (**Bio-Techne**)’s issued share capital through its wholly-owned subsidiary, EMD Holdings NewCo, Inc. (**Merger Sub**). Merck will acquire 100% of the outstanding common stock of Bio-Techne via a merger of Merger Sub with and into Bio-Techne with Bio-Techne surviving as a wholly-owned subsidiary of Merck. Merck is a global science and technology company (listed on the Frankfurt Stock Exchange: MRK) headquartered in Germany. Merck operates through three business sectors: its larger Life Science and Healthcare segments, as well as its smaller Electronics segment. Merck’s Life Science portfolio is primarily focused on products and technologies supporting biopharmaceutical manufacturing, while also offering a broad catalogue of biology and chemistry products, including reagents, solvents, filters and everyday lab essentials as well as specialised products and services such as contract testing services, biomonitoring and diagnostic and regulated materials. Bio-Techne is a publicly traded life sciences company (NASDAQ: TECH) headquartered in the United States, which specialises in reagents, analytical instruments, and precision diagnostics, supplying to academic researchers, biopharmaceutical companies, and clinical labs, among others. Both parties supply life science analytical instruments, protein analysis techniques, bioactive small molecules, antibodies, cell culture products and other consumables.