Wednesday, 23 October 2013

Mid Europa backs Diagnostyka bolt-on

Mid Europa Partners portfolio company Diagnostyka has acquired pathology examinations provider Olympus Consilio.
Laboratory test company Diagnostyka will increase its presence within the speciality exams market with the deal. Based in Lodz, Poland, Consilio performed 140,000 histopathology tests and 100,000 cyptopathology tests last year. The business will now be known as Diagnostyka Consilio and continue to service hospitals and clinics around Poland.
Since Mid Europa acquired Diagonstyka in 2011 the company has completed almost 30 add-on deals. It now carries out more than 15 million tests per year.
The deal is the firm’s second in the medical space this week, having supported Alpha Medical’s acquisition of Euromedic's Czech laboratory business.

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