M&A Deal Summary

Radiometer Medical ApS Acquires HemoCue AB

On February 25, 2013, Radiometer Medical ApS acquired healthcare services company HemoCue AB from Quest Diagnostics for 300M USD

Acquisition Highlights
  • This is Radiometer Medical ApS’s 1st transaction in the Healthcare Services sector.
  • This is Radiometer Medical ApS’s largest (disclosed) transaction.
  • This is Radiometer Medical ApS’s 1st transaction in Sweden.

M&A Deal Summary
Date 2013-02-25
Target HemoCue AB
Sector Healthcare Services
Buyer(s) Radiometer Medical ApS
Sellers(s) Quest Diagnostics
Deal Type Divestiture
Deal Value 300M USD

Target

HemoCue AB

Angelholm, Sweden
website
For more than 10 years, HemoCue had been a recognized global leader in professional diagnostics point-of-care testing. The product strategies behind HemoCue's success where based on a clear focus on important diagnostic tests of the highest quality, which was fast and easy to perform by anyone.

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Buyer(S) 1

Buyer

Radiometer Medical ApS

Copenhagen, Denmark

website

Category Company
Founded 1935
Sector Medical Products
DESCRIPTION

Radiometer, headquartered in Copenhagen, Denmark is a provider of technologically advanced acute-care solutions that simplify and automate all phases of acute-care testing.

DEAL STATS #
Overall 2 of 2
Sector (Healthcare Services) 1 of 1
Type (Divestiture) 1 of 1
Country (Sweden) 1 of 1
Year (2013) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-06-21 Accumetrics

San Diego, California, United States

Accumetrics, Inc. is a developer and manufacturer of point of care diagnostics in the cardiovascular and neurovascular disease areas. Accumetrics was formed in 1996 and is based in San Diego, California.

Sell -

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 1 of 4
Sector (Healthcare Services) 1 of 3
Type (Divestiture) 1 of 4
Country (Sweden) 1 of 1
Year (2013) 1 of 1
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-10-16 UMass Memorial Medical Center - Clinical Outreach Laboratory

Worcester, Massachusetts, United States

UMass Memorial Medical Center's Clinical Outreach Laboratory is a provider of healthcare testing services in Massachusetts.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-10-07 ConVerge Diagnostic Services

Peabody, Massachusetts, United States

ConVerge Diagnostic Services LLC is a full-service regional laboratory providing clinical, cytology and anatomic pathology testing services.

Buy -
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