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StatLab Medical Products signs definitive agreement to acquire Diapath

Aug 28, 2024•12 months ago

Acquiring Company

StatLab

Acquired Company

Diapath France

McKinneyVoisins-le-BretonneuxHealth CareMedical

Description

StatLab Medical Products, a leading developer and manufacturer of medical diagnostic supplies and equipment, has finalized an agreement to acquire Diapath S.p.A. This strategic integration will expand StatLab's market access, unlock significant growth potential, and strengthen its global leadership position with the addition of Diapath's innovative equipment offerings and established customer base in various regions.

Company Information

Company

StatLab

Location

McKinney, Texas, United States

About

Founded in 1976, StatLab Medical Products is a developer and manufacturer of anatomic pathology consumables and labeling and tracking equipment for clinical and research laboratories. StatLab manufacturing sites in England, Wales and the USA support our goal of providing the most stable supply chain of high-quality products for laboratories around the world. A customer-centric approach drives our focus to deliver reliability, innovation, and quality in every interaction. Learn more at StatLab.com.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed