Simpson Thacher represented Advanced Instruments, a Patricia Industries portfolio company, in connection with its acquisition of SAL Scientific.
SAL Scientific, based in Fordingbridge, U.K., is a developer of innovative mammalian cell biology reagents for research and drug discovery workflows. Its 'Insti' range of animal component-free, easy to use cell culture supplements are designed to accelerate and increase productivity in the development of commercially important cell lines used in biopharmaceutical production.
Advanced Instruments is a global provider of scientific and analytical instruments for the biotechnology, clinical, and food and beverage industries. For more than 65 years, its innovations have helped organizations improve quality of results, achieve reliable outcomes and increase workplace productivity. Advanced Instruments has a diverse portfolio of products, including freezing point osmometers, cerebrospinal fluid cell counters, anaerobic jar systems, cryoscopes, pasteurization test systems, and testing standards and controls.
The Simpson Thacher team included Derek Baird, Michael T. Holick and Carlo Pia (M&A); Ross Ferguson and Susanna Breslin (Antitrust); and Chris Dorman (Tax).