M&A Deal Summary

LabCorp Acquires MEDTOX Scientific

On August 1, 2012, LabCorp acquired life science company MEDTOX Scientific for 241M USD

Acquisition Highlights
  • This is LabCorp’s 12th transaction in the Life Science sector.
  • This is LabCorp’s 8th largest (disclosed) transaction.
  • This is LabCorp’s 17th transaction in the United States.
  • This is LabCorp’s 1st transaction in Minnesota.

M&A Deal Summary

Date 2012-08-01
Target MEDTOX Scientific
Sector Life Science
Buyer(s) LabCorp
Deal Type Add-on Acquisition
Deal Value 241M USD
Advisor(s) Lazard Middle Market (Financial)

Target

MEDTOX Scientific

Saint Paul, Minnesota, United States
MEDTOX Scientific, Inc., is a provider of high quality specialized laboratory testing services and on-site/point-of-collection testing (POCT) devices. The Company also supports customers with complete logistics, data and program management services.

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Buyer(S) 1

Buyer

LabCorp

Burlington, North Carolina, United States

Category Company
Sector Test/Measurement Equipment
Employees67,000
Revenue 12.2B USD (2023)
DESCRIPTION
LabCorp's corporate headquarters in downtown Burlington, North Carolina.
LabCorp's corporate headquarters in downtown Burlington, North Carolina.

LabCorp of America Holdings is a provider of medical laboratory tests and services through a national network of primary clinical laboratories and specialty testing laboratories. LabCorp is based in Burlington, North Carolina.


DEAL STATS #
Overall 19 of 44
Sector (Life Science) 12 of 21
Type (Add-on Acquisition) 17 of 28
State (Minnesota) 1 of 1
Country (United States) 17 of 42
Year (2012) 2 of 2
Size (of disclosed) 8 of 14
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-03-28 LifeLabs Business and Operations in Quebec

Quebec, Canada

LifeLabs, Business and Operations in Quebec comprise laboratory testing and Patient Services Centre services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-02-04 Genomics Laboratory

Seattle, Washington, United States

Genomics Laboratory is a high-complexity genomics laboratory located in Seattle, Washington.

Buy -