Type of information: Company acquisition
Acquired company: MVZ für Laboratoriumsmedizin am Hygiene-Institut GmbH (Hygel) (Germany)
Acquiring company: Eurofins Scientific (Luxembourg)
Details: Founded in 1902, Hygel has developed into one of the largest clinical diagnostics providers in North Rhine-Westphalia, the most populous federal state in Germany, with access to over 900 physicians, 120 hospitals and around 20 local health authorities. As a reference clinical laboratory, Hygel serves more than 50% of the healthcare industry in the Northern Ruhr area and Iserlohn region, with multiple accreditations from both private and public health authorities and agencies. The company employs 370 staff across its 3 main sites as well as in laboratories that it operates for 4 local hospitals, and generated revenues in excess of € 35m in 2016.