Sonic Healthcare to acquire Dr Risch laboratory group for CHF117 million

SYDNEY, AUSTRALIA: Sonic Healthcare Limited (ASX: SHL)has signed binding agreements to acquire the Dr Risch laboratory group. Dr Risch is a full-service medical laboratory group in Switzerland. Dr Risch employs around 650 staff in thirteen clinical laboratories across Switzerland and a laboratory in Vaduz, Liechtenstein. In CY 2023 the Swiss laboratories generated revenue of ~…

Sonic Healthcare signs deal to acquire Pathology Watch for $130 million

SYDNEY, AUSTRALIA: Sonic Healthcare (ASX: SHL) has signed binding agreements to acquire Pathology Watch, a medical technology business headquartered in Salt Lake City, Utah, USA, which has developed and commercialised an integrated, end-to-end digital pathology platform for skin pathology (dermatopathology). Pathology Watch was recently named as part of the Inc. 500 fastest growing private companies…

Sonic Healthcare acquires ProPath, a Texas based AP company

SYDNEY, AUSTRALIA: Sonic Healthcare (ASX: SHL) has acquired 100% of ProPath, a Texas based anatomical pathology (AP) company. ProPath’s annual revenue is ~US$110 million, and with its ~50 pathologists, serves over 1,000 physicians and more than 20 hospital groups across 45 States. ProPath was established as an AP practice in 1966. Growth has largely been…