Synlab Group

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SYNLAB Group is an international medical diagnostics provider headquartered in Munich, Germany. SYNLAB is leading in diagnostic services and specialty testing in Europe. In 1998, together with his partners, Bartl Wimmer founded SYNLAB GmbH in Augsburg, Germany, as an association of freelance laboratory physicians. In 2010, SYNLAB merged with the two laboratory providers, Futurelab and Fleming Labs, which laid the groundwork for several further acquisitions. SYNLAB was acquired by the European private equity investor Cinven in 2015. In August 2015, the private equity company Cinven acquired French laboratory service provider Labco. Labco SA was founded in 2004 by a group of French biologists as a cooperation of nine French laboratories. In 2007, Labco took over General Lab in Spain and Portugal. In October 2015, Cinven took over the majority of shares of SYNLAB and merged both companies to become SYNLAB Group. Before, the private equity company BC Partners was the majority shareholder of SYNLAB.