AAA Unilever exits BAC

Unilever exits BAC

Life Technologies, a Nasdaq-listed medical technologies provider, has acquired corporate venturing-backed BAC, a Netherlands-based company purifying proteins for testing, for an undisclosed amount.

Spun out from Anglo-Dutch consumer goods conglomerate Unilever in 1995, BAC said its shareholders included Unilever Ventures and family office FF&P Private Equity.

Its investors provided money in 2005 and a €1.5m series B round in September 2008.

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