M&As this week: Poplar Healthcare, Novanta, Sysmex

8 June 2017 (Last Updated June 8th, 2017 18:30)

Laboratory services company Poplar Healthcare has announced the acquisition of cytogenetics reference laboratory, Genetics of Memphis Inc.

Laboratory services company Poplar Healthcare has announced the acquisition of cytogenetics reference laboratory, Genetics of Memphis Inc.

Both the companies involved in the acquisition are based in the US.

UK-based Novanta Inc has announced the acquisition of ATON GmbH’s subsidiary, W.O.M. World of Medicine GmbH (WOM), for €115m ($129.5m).

ATON is an investment company, while WOM is a minimally invasive medical equipment developer and manufacturer. Both the companies are based in Germany.

"The acquisition will broaden Novanta’s presence in the medical end-user market."

The acquisition will broaden Novanta’s presence in the medical end-user market.

Sysmex has announced the acquisition of UK-based molecular genetics company, OGT.

Based in Japan, Sysmex is an in-vitro diagnostics instruments and reagents developer and seller.

The acquisition will enable Sysmex to enter the cytogenetics market.