Merck KGaA Seals Record-Breaking $11.3B Deal for Bio-Techne
Merck KGaA has cleared the final hurdle in its acquisition of Bio-Techne Corporation, a life science tools company. Shareholders voted in favor of the deal on September 23, 2026.
The all-cash transaction is valued at approximately USD 11.3 billion and represents Merck KGaA's largest deal since it purchased Sigma-Aldrich for USD 17 billion in 2015.
New CEO Kai Beckmann framed the acquisition as an 'important milestone' towards delivering on the company's strategic agenda, with the deal offering a premium of around 36% over Bio-Techne's average share price before announcement.