M&A Deal Summary

Trinity Biotech Acquires Fiomi Diagnostics AB

On March 1, 2012, Trinity Biotech acquired life science company Fiomi Diagnostics AB from Alfvén & Didrikson for 13M USD

Acquisition Highlights
  • This is Trinity Biotech’s 1st transaction in the Life Science sector.
  • This is Trinity Biotech’s 2nd largest (disclosed) transaction.
  • This is Trinity Biotech’s 1st transaction in Sweden.

M&A Deal Summary

Date 2012-03-01
Target Fiomi Diagnostics AB
Sector Life Science
Buyer(s) Trinity Biotech
Sellers(s) Alfvén & Didrikson
Deal Type Add-on Acquisition
Deal Value 13M USD

Target

Fiomi Diagnostics AB

Uppsala, Sweden
website
Fiomi Diagnostics AB develops a panel of point-of-care cardiac marker assays based on technology.

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Buyer(S) 1

Buyer

Trinity Biotech

Bray, Ireland

website


Category Company
Founded 1992
Sector Healthcare Services
Employees543
Revenue 102M USD (2020)
DESCRIPTION

Trinity Biotech is an entity acquires, develops, manufactures, and markets medical diagnostic products for the clinical laboratory and point-of-care (POC) segments of the diagnostic market. Trinity Biotech was founded in 1992 and is based in Bray, Ireland.


DEAL STATS #
Overall 2 of 6
Sector (Life Science) 1 of 1
Type (Add-on Acquisition) 2 of 3
Country (Sweden) 1 of 1
Year (2012) 1 of 1
Size (of disclosed) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-02-29 MarDx Diagnostics

Carlsbad, California, United States

MarDx Diagnostics, Inc. is a manufacturer of test kits for the diagnosis of Lyme disease.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-08-23 IMMCO Diagnostics

Buffalo, New York, United States

IMMCO Diagnostics provides high-quality diagnostic test kits and lab testing services worldwide for the screening of autoimmune disorders.

Buy $33M

Seller(S) 1

DESCRIPTION

Alfvén & Didrikson is a growth-stage investment firm focused on small to mid-sized company investments in Northern Europe. The Firm will consider minority or majority positions and seeks situations where the team can add significant value. Alfvén & Didrikson was formed in 2010 and is based in Stockholm, Sweden.


DEAL STATS #
Overall 1 of 11
Sector (Life Science) 1 of 1
Type (Add-on Acquisition) 1 of 6
Country (Sweden) 1 of 10
Year (2012) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-09-24 Trustly

Stockholm, Sweden

Trustly is an online payment provider that enables direct account-to-account payments, in partnership with merchants across Europe. The Company processes more than 3.5 million payments with payment volumes of ~SEK 6 billion each month. Trustly was founded in 2008 and is based in Stockholm, Sweden.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-03-22 Proactive

Vasteras, Sweden

Proactive is a provider of digital corporate health care and health solutions. Proactive Health Partner is based in Vasteras, Sweden.

Buy -