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New Deal


Announced

Completed

Hologic completed the acquisition of Mobidiag from Autobio Diagnostics and Springvest for $795m.

Financials

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Transaction Value£579m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales17x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Finland

Private

Cross Border

Majority

Friendly

Single Bidder

medical testing equipment

molecular diagnostics

Biotechnology

Acquisition

Completed

Synopsis

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Hologic, a women's health company, completed the acquisition of Mobidiag, a biotechnology company, from Autobio Diagnostics, a clinical diagnostics company, and Springvest, an investment company, for $795m. “Acquiring Mobidiag will further strengthen our international and diagnostics businesses by enabling us to expand into the large, fast-growing acute care adjacency with a near-patient testing solution that offers ease of use, multiplex capability and rapid turnaround time. We believe that Mobidiag has developed a differentiated platform that addresses many of the historical challenges of multiplexed point-of-care molecular testing," Jan Verstreken, Hologic President.

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