08:52 AM EDT, 10/07/2025 (MT Newswires) -- BioLife Solutions ( BLFS ) said Tuesday it has sold its cold chain logistics subsidiary SAVSU Cleo Technologies to Peli BioThermal for $25.5 million in cash.
Chairman and Chief Executive Roderick de Greef said the divestiture streamlines the company's product portfolio and operations "while focusing resources on creating shareholder value through high-margin recurring revenue."