M&A Deal Summary

Sonic Healthcare Acquires Labor 28 AG

On June 2, 2008, Sonic Healthcare acquired medical products company Labor 28 AG

Acquisition Highlights
  • This is Sonic Healthcare’s 15th transaction in the Medical Products sector.
  • This is Sonic Healthcare’s 2nd transaction in Germany.

M&A Deal Summary

Date 2008-06-02
Target Labor 28 AG
Sector Medical Products
Buyer(s) Sonic Healthcare
Deal Type Add-on Acquisition

Target

Labor 28 AG

Berlin, Germany
Labor 28 AG is a laboratory groups in the Berlin area and has a strong reputation for quality, service excellence and financial efficiency. Labor 28 provides laboratory services within the Berlin metropolitan area, as well as in surrounding states. Labor 28 offers a broad range of tests to general practitioners, specialists, hospitals and other customers.

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Buyer(S) 1

Buyer

Sonic Healthcare

Sydney, Australia

Category Company
Founded 1934
Sector Medical Products
Employees37,000
Revenue 8.9B AUD (2024)
DESCRIPTION

Sonic Healthcare is a medical diagnostics companies, providing laboratory and radiology services to medical practitioners, hospitals, community health services, and their collective patients. Sonic Healthcare was founded in 1934 and is based in Sydney, Australia.


DEAL STATS #
Overall 19 of 43
Sector: Medical Products M&A 15 of 27
Type: Add-on Acquisition M&A Deals 15 of 35
Country: Germany M&A 2 of 7
Year: 2008 M&A 3 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-01-03 American Clinical Services

Totowa, New Jersey, United States

American Clinical Services is a specialized laboratory company, provides unsurpassed diagnostic, prognostic, and therapeutic information and services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-06-16 GLP Medical Group

Hamburg, Germany

GLP Medical Group is one of the most reputable, regional full-service laboratories in Germany. GLP Medical is a well regarded for the high-quality service it offers its customers, as well as its outstanding technical innovation.

Buy -