Life sciences company Azenta has announced that its affiliate, Azenta Germany GmbH, has signed a binding agreement to sell its B Medical Systems business to THELEMA for $63 million. The deal is expected to close by March 31, 2026. 

“The agreement to sell B Medical Systems marks a major step forward in simplifying the portfolio to prioritize our core capabilities with the highest strategic impact,” said John Marotta, President and CEO. “The proceeds from this sale will be deployed to strengthen the company and drive long-term profitable value creation for our shareholders.” 

Based in Luxembourg, B Medical Systems is a global manufacturer and distributor of medical refrigeration devices. 

William Blair served as exclusive financial advisor and Taylor Wessing acted as legal counsel to Azenta for the transaction.