Brooks Acquires Canadian Biorepository for $5M

4/24/18

Brooks Automation, Inc. (Nasdaq: BRKS) announced today that it has acquired BioSpeciMan Corporation, a Canadian provider of storage services for biological sample materials headquartered in Montreal, Canada with operations in both Montreal and Kutztown, PA. The total cash purchase price of the acquisition was approximately US$5 million, subject to customary working capital and other adjustments.

BioSpeciMan, founded in 2002, provides temperature controlled biological sample storage services to an attractive mix of pharma, biotech and contract lab customers. BioSpeciMan is the latest addition to the Brooks Life Sciences service offerings, expanding customer relationships and geographic reach within its growing sample management storage services business. BioSpeciMan generated approximately US$2 million of revenue in the 2017 calendar year and management expects it will be accretive to Brooks' non-GAAP earnings within the first quarter of ownership.

The Company also announced that it has completed the previously announced acquisition of 93% of Tec-Sem Group AG's outstanding capital stock. The remaining minority interest will be acquired in due course upon completion of procedural steps with the minority shareholders.

About Brooks Automation, Inc.

Brooks is a leading worldwide provider of automation and cryogenic solutions for multiple markets including semiconductor manufacturing and life sciences. Brooks' technologies, engineering competencies and global service capabilities provide customers speed to market and ensure high uptime and rapid response, which equate to superior value in their mission-critical controlled environments. Since 1978, Brooks has been a leading partner to the global semiconductor manufacturing market. Since 2011, Brooks has applied its automation and cryogenics expertise to meet the sample storage needs of customers in the life sciences industry. Brooks' life sciences offerings include a broad range of products and services for on-site infrastructure for sample management in temperatures of ?20°C to -150°C, as well as comprehensive outsource service solutions across the complete life cycle of biological samples including collection, transportation, processing, storage, protection, retrieval and disposal. Brooks is headquartered in Chelmsford, MA, with direct operations in North America, Europe and Asia. For more information, visit www.brooks.com.

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