05:35 PM EDT, 09/17/2024 (MT Newswires) -- Hamilton Thorne ( HTLZF ) said late Tuesday its shareholders approved a plan for its acquisition by Cradle Acquisition, which is taking the company private.

The approval came during a special meeting held today, the company added.

Cradle Acquisition is also set to acquire Cook Medical's ART product portfolio and merge it with Hamilton Thorne's ( HTLZF ) operations. The conditions for a definitive agreement are expected to be finalized soon, the company said.

The company also said that it has received merger control clearances from Cypress and Austria and expects final regulatory approvals by the end of 2024.