Bure acquires Denmarks largest private laboratory
12/29/1997 6:00 AM EST
Bure acquires Denmark's largest private laboratory
Nova Medical, which is a subsidiary of Bure Health Care AB, has acquired Medi-
Lab AS from the Swiss healthcare company Roche. Medi-Lab is the leading
private laboratory in Denmark with a turnover of approximately SEK 70M and
some 100 staff.
"Through the acquisition of Medi-Lab we are creating a platform for expansion
in Denmark and thus continued internationalisation of our operations," says
Orwar Gustafsson, Managing Director of Nova Medical AB. "We are also
strengthening our international base for clinical tests by gaining access to a
strategically-located laboratory in Copenhagen."
European expansion within health care
Per Båtelsson, Managing Director of Bure Health Care emphasises that the
acquisition means yet another step in the deliberate strategy to grow outside
Sweden. Bure Health Care now has a turnover of nearly SEK 300M in Denmark.
Earlier this year, Simonsen & Weel was acquired which is involved with
distribution of health care products.
Nova Medical is the leading laboratory company in Scandinavia with a turnover
of SEK 400M and approximately 500 staff. Operations are carried out in nine
hospitals in Sweden as well as laboratories in Poland and, following the
acquisition, now also in Denmark.
Strong name
Medi-Lab was founded in 1932 and has been under private management since.
Medi-Lab is a highly-regarded name in Danish health care and has more than 600
different types of analyses on its programme. The laboratory carries out a
very broad spectrum of special analyses on behalf of the hospitals throughout
Denmark as well as extensive operations in the sector for clinical tests on
behalf of pharmaceutical companies all over the world.
"Medi-Lab's specialist expertise will thus become an important resource for
the Nova Group," emphasises Orwar Gustafsson.
For further information, please contact
Orwar Gustafsson, Managing Director of Nova Medical, tel +46 8-21 92 15 or
Saila Horttanainen, Communications Manager of Bure Health Care,
tel + 46 31 335 76 72
Bure Health Care forms part of Investment AB Bure. Bure Health Care carries
out operations in the sectors: specialist health care, geriatric care,
occupational health care, laboratory services and distribution of health care
products. The Business Sector has a turnover rate of SEK 1.9 billion and
approximately 2,800 employees.
Roche is an international leader in research based healthcare with activities
in pharmceuticals, diagnostics, vitamins and fine chemicals as well as
fragrances and flavours.