Mergers & Acquisitions ·
Azenta, Inc. announced the full repayment of a $35 million secured vendor loan extended to Thelema S.à r.l. in…
AZTAAzenta, Inc.
Azenta, Inc. announced the full repayment of a $35 million secured vendor loan extended to Thelema S.à r.l. in connection with the July 1, 2026 sale of its subsidiary B Medical Systems. The borrower repaid the principal plus accrued interest on September 3, 2026, totaling $35,373,333, prior to the loan's maturity. This repayment satisfies all obligations under the Vendor Loan Agreement and releases the share pledge securing the transaction. Consequently, Azenta has now received the entire $63 million purchase price for B Medical Systems in cash, completing the divestiture and eliminating credit exposure associated with the deal. Azenta operates as a provider of life sciences solutions, offering cold-chain sample management and multiomics services to pharmaceutical, biotech, and academic institutions globally.