November 25, 2019
A consortium jointly led by Astorg Partners (Astorg) and Cinven has announced that it has signed an agreement to acquire LGC, a global leader in the Life Sciences Tools sector.
LGC provides a comprehensive range of measurement tools, proficiency testing schemes, supply chain assurance standards, and specialty genomics reagents underpinned by leading analytical and measurement science capabilities. LGC is headquartered in the UK and serves almost 50,000 laboratories worldwide from its global office network, spanning 22 countries across five continents.
Latham & Watkins advised the consortium led by Astorg and Cinven on the transaction, with a deal team led by London partners Thomas Forschbach, Tom Evans, and Jay Sadanandan with associates Neil Campbell, Gillian Bourke, Suneel Basson-Bhatoa, James Freeland, and Ciara Faughnan-Moncrieff.