M&A Deal Summary

Eurobio Scientific Acquires Diagnostic International Distribution

On June 13, 2023, Eurobio Scientific acquired distribution company Diagnostic International Distribution

Acquisition Highlights
  • This is Eurobio Scientific’s 1st transaction in the Distribution sector.
  • This is Eurobio Scientific’s 1st transaction in Italy.

M&A Deal Summary

Date 2023-06-13
Target Diagnostic International Distribution
Sector Distribution
Buyer(s) Eurobio Scientific
Deal Type Add-on Acquisition

Target

Diagnostic International Distribution

Milan, Italy
Diagnostic International Distribution offers a range of specialized tests and instruments through exclusive distribution agreements. DID currently markets specific products from the Eurobio Scientific group by distributing the EurobioPlex range of PCR tests for infectious diseases. Diagnostic International Distribution was formed in 1946 and is based in Milan.

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Buyer(S) 1

Buyer

Eurobio Scientific

Les Ulis, France

Category Company
Founded 1997
Sector Healthcare Services
Employees326
Revenue 155M EUR (2024)
DESCRIPTION

Eurobio Scientific is involved in the manufacturing and commercialization of diagnostic tests in the fields of transplantation, immunology, and infectious diseases, and sells instruments and products for research laboratories, including biotechnology and pharmaceutical companies. Through many partnerships and a strong presence in hospitals, the group has established its own distribution network and a portfolio of proprietary products in the molecular biology field. Eurobio was founded in 1997 and is based in Les Ulis, France.


DEAL STATS #
Overall 3 of 4
Sector: Distribution M&A 1 of 1
Type: Add-on Acquisition M&A Deals 3 of 3
Country: Italy M&A 1 of 2
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-03 GenDx

Utrecht, Netherlands

GenDx is a Dutch company specializing in Molecular Diagnostics, focused on the development, production, and sales of innovative assays and analysis software for transplantation and companion diagnostics. GenDx specializes in HLA sequencing-based typing strategies and offers reagents and software for both Sanger and NGS approaches. GenDx was founded in 2005 and is based in Utrecht, Netherlands.

Buy €135M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-05-07 Myriad Genetics - EndoPredict Business

Salt Lake City, Utah, United States

Myriad Genetics' EndoPredict Business offers a comprehensive suite of precision medicine tools for breast, prostate, ovarian, pancreatic, endometrial, and colon cancer. Myriad Genetics' EndoPredict Business is based in Salt Lake City, Utah.

Sell -