Qiagen buying 96% of Polish enzymes provider Blirt

12 May 2022
qiagen-big

Netherlands-based Qiagen (NYSE: QGEN) has signed agreements to acquire a 96% majority ownership stake in Blirt SA (PSE: BLR), a manufacturer of recombinant enzymes for the life science industry based in Gdansk, Poland. No financial terms were revealed, but the news saw Blirt’s shares leap 485 to 13.00 zloty.

Blirt develops, manufactures and commercializes standardized and customized solutions for proteins and enzymes as well as molecular biology reagents. Its offering includes proteins and enzymes that are critical to the life sciences industry and diagnostic kit manufacturers, especially for non-COVID-19 applications. Blirt, founded in 1994, has around 90 employees and generated 2021 sales of less than $10 million.

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