Azenta completed the sale of its B Medical Systems business on July 1, 2026, after announcing the deal on December 29, 2025.
The company said the unit was sold to Thelema S.à r.l. for a fixed cash purchase price of $63 million. Of that amount, $35 million was funded through a short-term secured vendor loan provided by an Azenta subsidiary to Thelema.
Azenta said the transaction was completed after all closing conditions were satisfied. The company said the sale is part of its effort to simplify its portfolio and focus on its core life sciences businesses. Today the company's shares have moved -3.0% to a price of $24.61. If you want to know more, read the company's complete 8-K report here.
