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Announced

Completed

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

Synopsis

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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