In Europe, Switzerland-based Unilabs will be acquired by a Danish company. Unilabs owns laboratories in at least 11 European countries and posted revenue of €2 billion euros (US $2.26 billion) in the financial year ending September. The seller is Apax Partners, a private equity company in the United Kingdom. The buyer is A.P. Moller Holding, which is owned by the same family that owns Denmark-based global shipping giant Maersk. Unilabs operates 200 laboratory sites, 180 imaging centers, and employs 12,600 people.
MORE ON: Unilabs Sale
News sources indicate that the value of Unilabs was in the range of US$5 billion. It was reported that Sonic Healthcare, Ltd., of Sydney, Australia, and Biogroup-LCD of Wittelsheim, France, submitted bids. It is notable that neither company—each a major operator of clinical laboratories in Europe—lost the sale to a private investment firm. Unilabs is a major international lab company, with operations in 15 countries worldwide.
CLMA MERGES WITH ASCP
On Dec. 1, it was announced that the Clinical Laboratory Management Association (CLMA) would join the American Society of Clinical Pathology (ASCP). CLMA will operate as a division of ASCP. This arrangement follows successful collaborative activities between the two groups. CLMA membership ratified this change in a vote earlier this year. One factor in this development was the COVID-19 pandemic and the CDC directive prohibiting live events during 2020 and much of 2021. That reduced the revenue CLMA needed to sustain services at pre-pandemic levels. More generally, many lab associations report that Millennials are not joining at rates comparable to the Baby Boomer generation.
• Abbott Laboratories announced that Miles White is retiring after 38 years with the company. Upon starting his career at McKinsey & Company, White later joined Abbott in 1984, rising to CEO in 1998. White stepped down as CEO in March 2020 and will now leave his position as Executive Chairman on the company’s board.
• Modena Henderson is the new Vice President of Clinical Operations for Allina Health of Minneapolis. Her prior positions were with Atrium Health, Carolinas Healthcare System, Solstas Lab Partners, West Penn Allegheny Health System, and Humility of Mary Health Partners.
• Keith Gligorich, PhD, is the new Vice President of Laboratory Operations at Bionano Genomics, of San Diego. Previously, he worked at Cradle Genomics, NAVICAN, ARUP Laboratories, and Huntsman Cancer Institute.
That’s all the insider intelligence for this report. Look for the next briefing on Monday, January 10, 2022.