Merck KGaA to acquire Bio-Techne for $11.3B cash

25 June 2026

German drugmaker Merck KGaA (MRK: DE) said today it will acquire US biotech firm Bio-Techne Corp (Nasdaq: TECH) for $11.3 billion, expanding its presence in the life sciences market. The transaction marks the Merck’s largest acquisition in over a decade.

Shares of Bio-Techne rose 22% in pre-market trading following Merck's offer of $73 per share, which implies a 24% premium to Bio-Techne's close on Wednesday.

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