M&A Deal Summary

Eurofins Scientific Acquires SYNLAB - Clinical Diagnostics Operations

On October 28, 2024, Eurofins Scientific acquired life science company SYNLAB - Clinical Diagnostics Operations from SYNLAB

Acquisition Highlights
  • This is Eurofins Scientific’s 74th transaction in the Life Science sector.
  • This is Eurofins Scientific’s 5th transaction in Spain.

M&A Deal Summary
Date 2024-10-28
Target SYNLAB - Clinical Diagnostics Operations
Sector Life Science
Buyer(s) Eurofins Scientific
Sellers(s) SYNLAB
Deal Type Divestiture

Target

SYNLAB - Clinical Diagnostics Operations

Spain
SYNLAB's Clinical Diagnostics Operations provides clinical diagnostics testing, including genetics and anatomical pathology services.

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Buyer(S) 1

Buyer

Eurofins Scientific

Luxembourg, Luxembourg
Category Company
Founded 1987
Sector Life Science
Employees62,000
Revenue 6.5B EUR (2023)
DESCRIPTION

Eurofins Scientific is an international group of laboratories providing a unique range of analytical testing services to the pharmaceutical, food, environmental and consumer products industries and to governments. Eurofins Scientific was incorporated in 1987 and is based in Luxembourg City.

DEAL STATS #
Overall 98 of 98
Sector (Life Science) 74 of 74
Type (Divestiture) 20 of 20
Country (Spain) 5 of 5
Year (2024) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-09-16 Infinity Laboratories

Castle Rock, Colorado, United States

Infinity Laboratories is a provider of critical testing services in the areas of chemical and microbiological sciences for FDA regulated manufacturers throughout North America. Infinity Laboratories was founded in 1991 and is based in Castle Rock, Colorado.

Buy -

Seller(S) 1

SELLER

SYNLAB

Munich, Germany
Category Company
Founded 1998
Sector Healthcare Services
Employees23,538
Revenue 2.6B EUR (2023)
DESCRIPTION

SYNLAB provides human and veterinary laboratory services. Synlab operates across more than 35 countries on three continents and undertakes more than 500 million clinical tests for more than 50 million patients annually. SYNLAB was founded in 1998 and is based in Munich, Germany.

DEAL STATS #
Overall 4 of 4
Sector (Life Science) 4 of 4
Type (Divestiture) 4 of 4
Country (Spain) 1 of 1
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-08-14 SYNLAB.vet

Augsburg, Germany

SYNLAB.vet is a provider of specialist veterinary laboratory diagnostics. The company supports the work of veterinarians, zoos, breeding farms, universities, research institutes, and veterinary clinics with our scientific expertise, a comprehensive portfolio of diagnostic services, and the passion of its specialists. SYNLAB.vet is based in Augsburg, Germany.

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