Galenica to acquire Labor Team Group from GENUI.

Galenica, a healthcare services and products provider, agreed to acquire Labor Team Group, a medical laboratory, from GENUI, a private equity firm. Financial terms were not disclosed. “Labor Team is a perfect fit for our strategic focus and our goal further connecting the healthcare sector. The business activities of Labor Team and Galenica are an ideal match, and the two companies share highly compatible corporate cultures. Both companies want to drive forward healthcare innovations,” Marc Werner, Galenica CEO.