Troemner, LLC /
Genie Division of Benchtop Laboratory Equipment
Troemner, LLC purchases Scientific Industries’ Genie equipment assets
Source for the buyer and target: SCIENTIFIC INDUSTRIES, INC.
For the buyer and target.
“On August 7, 2025, Scientific Industries, Inc. (the “Company”), a Delaware corporation, entered into an Asset Purchase Agreement (the “Purchase Agreement”) with Troemner, LLC, a Delaware limited company (the “Purchaser”), pursuant to which the Company sold and the Purchaser purchased substantially all of the assets of the Company’s Genie Division of Benchtop Laboratory Equipment consisting primarily of the Genie line of products and related fixed assets, inventory, and intellectual property.”
Published 11 Aug 2025
Open the sourceWhat happened
Troemner, LLC purchased substantially all of the assets of Scientific Industries, Inc.’s Genie Division of Benchtop Laboratory Equipment. The assets primarily include the Genie product line, related fixed assets, inventory and intellectual property. [01]
The purchase price consisted of $9,600,000, subject to working capital adjustments, plus an earn-out of up to $1,500,000. Scientific Industries, Inc. will continue to operate its Torbal Division. [01]
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Troemner, LLC purchases Scientific Industries’ Genie equipment assets
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