logo
logo

Eurofins acquires SYNLAB's Spain diagnostics unit

Apr 01, 2025•4 months ago

Acquiring Company

Eurofins

Acquired Company

SYNLAB

Luxembourg CityMunichHealth CareBiotechnologyHealth DiagnosticsBiotechnologyHealth Care

Description

Eurofins Scientific has successfully completed the acquisition of SYNLAB’s clinical diagnostics operations in Spain. This acquisition, finalized on March 31, 2025, allows Eurofins to significantly enhance its capabilities in clinical diagnostics. The integration strengthens Eurofins' network in Spain, enabling it to better serve public and private clients across all regions. With this move, Eurofins aims to become a leading operator in clinical diagnostics, processing over 100 million tests annually.

Company Information

Company

Eurofins

Location

Luxembourg City, Luxembourg, Luxembourg

About

Eurofins has grown since 1987 from a single laboratory in Nantes, France, to a global network of independent companies with approximately 63,000 employees across 60 countries, operating more than 950 laboratories. Each year, Eurofins conducts over 450 million tests, offering a portfolio of more than 200,000 analytical methods to assess the safety, identity, composition, authenticity, origin, traceability, and purity of biological substances and products. Additionally, Eurofins is a leading emerging player in specialized clinical diagnostics, providing innovative testing services worldwide.

Related People

Sign in to view contact details

Sign in to view contact details

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed