Sonic Healthcare Acquires Labs in USA and Switzerland

Sonic Healthcare was busy in the month of May. Last Thursday, on May 31, it announced the acquisition of a laboratory company in Zurich, Switzerland. Earlier, on May 1, it acquired Mullins Laboratory of Augusta, Georgia. Sonic Healthcare has also won a hospital laboratory contract in the United Kingdom. Sonic Healthcare will pay US $80 million to purchase Medica Medizinische Laboratorien. Medica has annual revenues of approximately US $44.9 million. It is one of the larger laboratory companies...

Sonic Healthcare Expands with Acquisition of American Esoteric Laboratories

Few people were prepared for Friday’s announcement that Sonic Healthcare, Limited of Sidney Australia will acquire American Esoteric Laboratories, Inc. (AEL) of Nashville, Tennessee. However, Sonic’s purchase of AEL provides several useful insights about the competitive laboratory marketplace and will be the lead story in The Dark Report which is at the printer today. Sonic will pay approximately $180 million cash to acquire American Esoteric Laboratories.  Subject to regulatory...
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