# BICO acquires Allegro 3D for $6M

BICO acquired all shares of San Diego-based Allegro 3D Inc. for an upfront enterprise value of USD 6 million, plus up to USD 5 million in earnout. The acquisition adds light-based 3D bioprinting technology to BICO's portfolio.

- Type: Acquisition
- Announced: 2022-05-06
- Where: San Diego, California, United States
- Value: $6.00M
- Status: completed
- Products: light-based 3D bioprinters
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [BICO Group](https://endata.com/companies/62727.md) (acquirer)
- [Allegro 3D](https://endata.com/companies/62728.md) (target)

## Sources

- [news.cision.com](https://news.cision.com/bico-group/r/bico-acquires-allegro-3d--adding-new-light-based-3d-bioprinting-technology---complementing-the-exist,c3561715), 2022-05-06: "The acquisition of Allegro 3D is in-line with our M&A strategy of add-on acquisitions where Allegro 3D complements CELLINK’s product portfolio strongly."

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