M&A Deal Summary

Sonic Healthcare Acquires Labco SAS - German Laboratory Business

On September 26, 2013, Sonic Healthcare acquired medical products company Labco SAS - German Laboratory Business from Labco for 76M EUR

Acquisition Highlights
  • This is Sonic Healthcare’s 27th transaction in the Medical Products sector.
  • This is Sonic Healthcare’s 12th largest (disclosed) transaction.
  • This is Sonic Healthcare’s 5th transaction in Germany.

M&A Deal Summary
Date 2013-09-26
Target Labco SAS - German Laboratory Business
Sector Medical Products
Buyer(s) Sonic Healthcare
Sellers(s) Labco
Deal Type Divestiture
Deal Value 76M EUR

Target

Labco SAS - German Laboratory Business

Germany
German Laboratory Business comprises clinical laboratory business. The Labco German business has annual revenue of approximately €53 million and operates five well established laboratories in the West and South-West of Germany.

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Buyer(S) 1

Buyer

Sonic Healthcare

Sydney, Australia
Category Company
Founded 1934
Sector Medical Products
Employees37,000
Revenue 6.8B AUD (2020)
DESCRIPTION

Sonic Healthcare is a medical diagnostics companies, providing laboratory and radiology services to medical practitioners, hospitals, community health services, and their collective patients. Sonic Healthcare was founded in 1934 and is based in Sydney, Australia.

DEAL STATS #
Overall 34 of 43
Sector (Medical Products) 27 of 27
Type (Divestiture) 4 of 5
Country (Germany) 5 of 7
Year (2013) 1 of 1
Size (of disclosed) 12 of 16
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-10-11 Healthscope - Pathology Business

Australia

Healthscope Pathology Businesses in Queensland and Western Australia comprises pathology centers.

Buy AU$18M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-01 CBLPath

Ocala, Florida, United States

CBLPath, Inc. is a physician‐owned medical practice providing surgical pathology and cytopathology services to eight hospitals and five referring physician group clients in Central and Southern Alabama.

Sell -

Seller(S) 1

SELLER

Labco

Paris, France
Category Company
Founded 2003
Sector Healthcare Services
Employees6,000
DESCRIPTION

Labco is a provider of medical diagnostic services. Labco also operates a large portfolio of hospital outsourcing contracts in Europe, providing services to both ambulatory care and hospitals. Labco was founded in 2003 and is based in Paris, 75010, France.

DEAL STATS #
Overall 1 of 1
Sector (Medical Products) 1 of 1
Type (Divestiture) 1 of 1
Country (Germany) 1 of 1
Year (2013) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-07-30 Sampletest Spain S.L.

Madrid, Spain

Sampletest provides general analysis and basic diagnosis services to doctors’ surgeries throughout Portugal and Spain. Its strategy is to gradually complement these services with more complex diagnosis services. It covers a wide product range from regular tests to more complex practices such microbiology, haematology, endocrinology and immunology.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-07-30 SDN

Naples, Italy

SDN is a top-level health care structure that has offered laboratory diagnostics and imaging services for 30 years, with four centres in Naples. SDN is based in Naples, Italy.

Buy -
Mergr

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