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New Deal


Announced

Completed

SGS completed the acquisition of SYNLAB's Analytics & Services business for £491m.

Financials

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Transaction Value£491m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales2.7x
EV/EBITDA16.2x
Share Price Premium-
One Off Charge-

Tags

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Private

Cross Border

pharma analysis

Acquisition

Majority

Health Care Services

Single Bidder

United Kingdom

Friendly

Completed

Synopsis

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SGS, a Swiss multinational company which provides inspection, verification, testing and certification services, completed the acquisition of the Analytics & Services business from SYNLAB Services, an international medical diagnostics provider, for £491m ($671m). “The transaction creates great opportunities for all involved. While SYNLAB is concentrating on its core medical activities, A&S will benefit from new growth prospects with a future owner that is an expert and leader in that specific market segment. We are convinced that we have found an excellent new home for the business and its employees,” Mathieu Floreani, SYNLAB CEO.

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