About This Deal

Danaher Corporation acquired GE Biopharma (Cytiva) for approximately $21.4 billion (cash), a transaction completed in March 2020, structured as all cash + equity financing.

GE Biopharma (Cytiva) operates in Life Sciences, is based in Marlborough, Massachusetts (USA), had revenue of about ~$3.2B (FY2019).

Deal Terms

Acquirer
Danaher Corporation
Target
GE Biopharma (Cytiva)
Value
Approximately $21.4 billion (cash)
Date
March 2020
Type
Carve-out acquisition
Status
Ready

Transaction Details

Target HQ
Marlborough, Massachusetts (USA)
Segment
Life Sciences
Structure
All cash + equity financing
Target revenue
~$3.2B (FY2019)
Announced
February 25, 2019
Closed
March 31, 2020

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗ · SEC filing ↗ · Last updated June 9, 2026

See how VectorShift works for your firm

Request Demo