Germany: Synlab sells off analytics and services unit ahead of IPO

Sytze Voulon

Swiss inspection, verification, testing and certification company SGS is to acquire the analytics and services unit of Synlab for €550m (US$650.3m) ahead of the German laboratory services group’s planned initial public offering. The unit is a leading European provider for environment, food, hygiene, pharma and products analysis and testing. Last year, it generated had revenues…

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