UK - Nova completes £75m acquisition of international laboratory group

Pantheon Ventures are also providing equity to support the transaction, with HSBC supplying a debt package. The investors intend to invest further in the business to finance new product development and expansion into high growth developing markets.

BSLG is a specialist provider of equipment and consumables for scientific, clinical and laboratory applications. The company has four main manufacturing bases in the UK in addition to subsidiaries in Spain, China, USA, France, Italy and Germany. Its products are sold in over 100 countries.

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