GERMANY – 3i-backed Labco acquires AescuLabor-Karlsruhe

Labco is a European medical diagnostics group, based on a network of local and regional clinical laboratories in six European countries. The network currently employs over 4,500 healthcare professionals in more than 300 laboratories and diagnostic centres. In 2008, the group generated pro forma sales of EUR 410m, in increase of 85% compared to 2007. It is majority owned by its laboratory managers.

The group's growth model is based on expanding its network of existing local and regional clinical laboratories and by offering its laboratory doctors to become shareholders of Labco. The acquisition of AescuLabor-Karlsruhe follows the recent integration of six regional laboratories in Germany acquired by Labco in 2008.

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• Topics
• Expansion
• DACH
• Healthcare