M&A Deal Summary

DiaSorin Acquires Focus Diagnostics

On March 30, 2016, DiaSorin acquired life science company Focus Diagnostics from Quest Diagnostics for 300M USD

Acquisition Highlights
  • This is DiaSorin’s 1st transaction in the Life Science sector.
  • This is DiaSorin’s 2nd largest (disclosed) transaction.
  • This is DiaSorin’s 1st transaction in the United States.
  • This is DiaSorin’s 1st transaction in California.

M&A Deal Summary
Date 2016-03-30
Target Focus Diagnostics
Sector Life Science
Buyer(s) DiaSorin
Sellers(s) Quest Diagnostics
Deal Type Divestiture
Deal Value 300M USD

Target

Focus Diagnostics

Cypress, California, United States
website
Focus Diagnostics, Inc. is a developer of immunodiagnostic and molecular diagnostic products.

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Buyer(S) 1

Buyer

DiaSorin

Saluggia, Italy

website

Category Company
Founded 1968
Sector Healthcare Services
Employees2,104
Revenue 1.4B EUR (2022)
DESCRIPTION

DiaSorin has been developing, producing and marketing reagent kits for in vitro diagnostics worldwide. DiaSorin was founded in 1968 and is based in Saluggia, Italy.

DEAL STATS #
Overall 1 of 2
Sector (Life Science) 1 of 1
Type (Divestiture) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 2
Year (2016) 1 of 1
Size (of disclosed) 2 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-12 Luminex

Austin, Texas, United States

Luminex is a developer, manufacturer and marketer of proprietary instruments and assays utilizing xMAP open-architecture, multi-analyte platform and MultiCode real-time polymerase chain reaction (PCR) and multiplex PCR-based technologies, that deliver cost-effective and rapid results to clinicians and researchers. Luminex was founded in 1995 and is based in Austin, Texas.

Buy $1.8B

Seller(S) 1

SELLER

Quest Diagnostics

Secaucus, New Jersey, United States

website

Category Company
Founded 1967
Sector Healthcare Services
Employees40,000
Revenue 9.9B USD (2022)
DESCRIPTION

Quest Diagnostics is the world's leading provider of diagnostic information services that patients and doctors need to make better healthcare decisions. The company offers the broadest access to diagnostic information services through its network of laboratories and patient service centers, and provides interpretive consultation through its extensive medical and scientific staff. Quest Diagnostics was founded in 1967 and is based in Secaucus, New Jersey.

DEAL STATS #
Overall 2 of 4
Sector (Life Science) 1 of 1
Type (Divestiture) 2 of 4
State (California) 1 of 1
Country (United States) 1 of 3
Year (2016) 1 of 1
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-11-10 Clinical Laboratory Partners - Outreach Laboratory Service Business

United States

Clinical Laboratory Partners - Outreach Laboratory Service Business is a provider of laboratory services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-01 PeaceHealth Laboratories - Laboratory Services

Vancouver, Washington, United States

PeaceHealth Laboratories - Laboratory Services is a provider of testing services for serving physicians and patients in Washington and Oregon. Physicians and patients will benefit from access to a broader range of testing services that includes advanced diagnostic capabilities.

Buy -
Mergr

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