M&A Deal Summary

Synergy Health Acquires Bioster

On May 21, 2014, Synergy Health acquired medical products company Bioster for 29M EUR

Acquisition Highlights
  • This is Synergy Health’s 2nd transaction in the Medical Products sector.
  • This is Synergy Health’s largest (disclosed) transaction.
  • This is Synergy Health’s 1st transaction in Italy.

M&A Deal Summary

Date 2014-05-21
Target Bioster
Sector Medical Products
Buyer(s) Synergy Health
Deal Type Add-on Acquisition
Deal Value 29M EUR

Target

Bioster

Seriate, Italy
Bioster S.p.A. is a provider of medical device sterilization services to healthcare facilities and industries.

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Buyer(S) 1

Buyer

Synergy Health

Swindon, United Kingdom

Category Company
Founded 1991
Sector Healthcare Services
Employees5,005
Revenue 380M GBP (2014)
DESCRIPTION

Synergy Health plc is a outsourced sterilization services for medical device manufacturers, hospitals and other industries, based in the United Kingdom (U.K.). The Company offers services that support their Customers' ability to improve the quality and efficiency of their activities, while reducing risks to their patients and clients.


DEAL STATS #
Overall 3 of 3
Sector: Medical Products M&A 2 of 2
Type: Add-on Acquisition M&A Deals 3 of 3
Country: Italy M&A 1 of 1
Year: 2014 M&A 1 of 1
Size (of disclosed) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-03-21 MSI Surgical Solutions

Syosset, New York, United States

MSI Surgical Solutions ('MSI') is the market leader in the Tri-State area providing a complete outsourced sterilization solution for reusable surgical instruments, basins, and supplies to the healthcare industry. The company is focused on partnering with healthcare organizations to support their sterilization needs, which ensures quality, safety, efficiency and cost-effectiveness through a proven track record of exceptional service.

Buy $7M