Deal News – Steinbeis M&A advises Green Elephant Biotech in Strategic Partnership with Bürkert
The family-owned company Bürkert Fluid Control Systems and the start-up Green Elephant Biotech have announced a strategic partnership. As part of this, Bürkert is taking a stake in Green Elephant Biotech as a strategic investor with the aim of jointly developing more efficient, flexible and sustainable cell cultivation systems.
Steinbeis M&A provided comprehensive advice and hands-on support for the transaction and completed it in less than six months.
Green Elephant Biotech is specialized in the development of sustainable products for the research and industrial production of cell cultures. Its core competence lies in the delivery of efficient solutions for the expansion of adherent cells in its proprietary CellScrew® reactors. This platform is now being further developed into an integrated system for cost-effective cell cultivation in biopharma, especially for personalized medicine. To that end, Bürkert is contributing technical components and its extensive expertise in the field of liquid handling, while benefitting from the partner’s access to current trends and developments in the biopharmaceutical market.
About Green Elephant Biotech:
Green Elephant Biotech is the world’s first company to develop, produce and sell consumables for laboratories made from plant-based plastics. With its innovative and sustainable products, Green Elephant Biotech enables the biopharmaceutical industry to make new and life-changing therapies available to patients. The innovative CellScrew® cell culture system, the company’s first product, enables a more sustainable and efficient cell culture process for the biopharmaceutical industry and academic research. Green Elephant Biotech was founded in 2021 by Felix Wollenhaupt and Dr. Joel Eichmann from the Technische Hochschule Mittelhessen University of Applied Sciences and currently employs 14 people in Berlin and Gießen.
For more information, visit: www.greenelephantbiotech.com
About Bürkert:
Bürkert Fluid Control Systems is one of the world’s leading manufacturers of measurement and control systems for liquids and gases. Bürkert’s solutions are used in the most varied industries and applications, from breweries and laboratories all the way to medical, bio and aerospace technologies. With a portfolio of more than 30,000 products, Bürkert covers the entire range of components in fluid control circuits for measuring, controlling and regulating – from solenoid valves, process and analysis valves all the way to pneumatic actuators and sensors. The company with its headquarters in Ingelfingen, in southern Germany, operates an extensive sales network spanning over 30 countries and employs over 3,700 people worldwide. At five Systemhaus facilities in Germany, China and the USA as well as five R&D centers, Bürkert is continuously developing customized system solutions and innovative products.
Further information is available at: www.burkert.com
