Joint Capabilities Provide Firm Position in Life Sciences Market

Bigneat Ltd, one of the foremost laboratory safety experts with solutions including laboratory fume hoods, controlled atmosphere enclosures, and robotic and automation enclosures, has been acquired by Caron Products, a leading provider of laboratory equipment used in small and large molecule drug development and manufacturing, cell and gene therapy, and academic research. The newly joined companies bring together complementary products, engineering capabilities, operational expertise and geographic footprint.

“Bigneat is an excellent strategic acquisition for Caron,” said Jay Hexamer, CEO of Caron. “The companies have complementary products, engineering capabilities, operational expertise and geographic footprint. Caron and Bigneat are both well-positioned to benefit from groundbreaking trends in the life sciences industry, including development of cell and gene therapies, laboratory automation and continued focus on productivity and safety of laboratory professionals.”

Both companies are also backed by SFW Capital Partners, a specialised private equity firm that invests in leading Information, Software, Industrial and Healthcare Technology companies.