M&A Deal Summary

Alere Acquires Binax

On February 8, 2005, Alere acquired medical products company Binax for 9M USD

Acquisition Highlights
  • This is Alere’s 4th transaction in the Medical Products sector.
  • This is Alere’s 11th largest (disclosed) transaction.
  • This is Alere’s 3rd transaction in the United States.
  • This is Alere’s 1st transaction in Michigan.

M&A Deal Summary
Date 2005-02-08
Target Binax
Sector Medical Products
Buyer(s) Alere
Deal Type Add-on Acquisition
Deal Value 9M USD

Target

Binax

Portland, Michigan, United States
Binax, Inc. is a developer, manufacturer and distributor of rapid diagnostic products for infectious disease testing.

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Buyer(S) 1

Buyer

Alere

Waltham, Massachusetts, United States
Category Company
Founded 1981
Sector Healthcare Services
Employees9,800
Revenue 2.6B USD (2014)
DESCRIPTION

Alere delivers reliable and actionable information through rapid diagnostic tests, resulting in better clinical and economic healthcare outcomes globally. Alere was founded in 1981 and is based in Waltham, Massachusetts.

DEAL STATS #
Overall 4 of 24
Sector (Medical Products) 4 of 10
Type (Add-on Acquisition) 3 of 23
State (Michigan) 1 of 1
Country (United States) 3 of 20
Year (2005) 1 of 1
Size (of disclosed) 11 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2003-06-30 Ostex International

Seattle, Washington, United States

Ostex International, Inc. is a maker of products to treat osteoporosis.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-02-24 ACON Laboratories

San Diego, California, United States

ACON Laboratories is a manufacturer and distributor of medical diagnostic rapid tests sold internationally under the ACON brand and for private label (OEM).

Buy $175M
Mergr

Product

Company

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