# Biotage acquires Horizon Technology for $18.4 million

Biotage AB agreed to purchase all outstanding shares of Horizon Technology Inc. for $18.4 million, strengthening its position in environmental applications and food safety.

- Type: Acquisition
- Announced: 2018-01-16
- Where: New Hampshire, United States
- Value: $18.4M
- Status: announced
- Products: separation systems, consumables
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Biotage AB](https://endata.com/companies/19317.md) (acquirer)
- [Horizon Technology](https://endata.com/companies/29409.md) (target)

## Sources

- [chromatographyonline.com](https://www.chromatographyonline.com/view/biotage-acquires-horizon-technology), 2018-01-16: "The acquisition of Horizon is in line with our strategy to grow our separation business through expansion into new application areas."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
