M&A Deal Summary

LabCorp Acquires Viro-Med Laboratories

On June 1, 2001, LabCorp acquired test/measurement equipment company Viro-Med Laboratories

Acquisition Highlights
  • This is LabCorp’s 1st transaction in the Test/Measurement Equipment sector.
  • This is LabCorp’s 3rd transaction in the United States.
  • This is LabCorp’s 1st transaction in North Carolina.

M&A Deal Summary
Date 2001-06-01
Target Viro-Med Laboratories
Sector Test/Measurement Equipment
Buyer(s) LabCorp
Deal Type Add-on Acquisition

Target

Viro-Med Laboratories

Burlington, North Carolina, United States
Viro-Med Laboratories, Inc. is a provider of laboratory testing services to the health-care, transplant medicine, pharmaceutical, and biotechnology industries.

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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 3 of 44
Sector (Test/Measurement Equipment) 1 of 5
Type (Add-on Acquisition) 3 of 28
State (North Carolina) 1 of 2
Country (United States) 3 of 42
Year (2001) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-08-01 National Genetics Institute

Los Angeles, California, United States

National Genetics Institute is a clinical laboratory, provides genetics testing services for blood screening, medical testing, and clinical research.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2002-07-25 Dynacare Laboratories

Dallas, Texas, United States

Dynacare Laboratories, Inc. is a provider of clinical laboratory services in North America. Dynacare expertise in target regional markets and hospital partnerships allow the company to provide innovative and trusted clinical laboratory services to its clients, their patients and professional partners.

Buy $480M
Mergr

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