DLA Piper has advised pharmaceutical laboratory VelaLabs Austria, a subsidiary of the Tentamus Group, on its acquisition of Vienna-based Laboratorium fur Betriebshygiene GmbH from unidentified private individuals.
As part of the transaction, VelaLabs acquired all shares in LABH.
Tentamus Group offers services in physical chemistry, instrumental analysis, micro and molecular biology. The company has over 60 laboratories worldwide.
Laboratorium fur Betriebshygiene was founded in 2003 and provides microbiological services such as sterility tests, microbiological methods, and specific environmental controls such as germ identification.
The DLA Piper team was led by Partner Jasna Zwitter-Tehovnik, supported by Associate Kevin Luiki.
DLA Piper could not provide further information on the deal.