Sonic Healthcare

The once-listed but now private equity-owned pathology company Healthscope has decided that competing with market leader Sonic Healthcare is just too difficult. Sonic announced today that it will acquire Healthscope’s pathology businesses in New South Wales, the Australia Capital Territory, Queensland and Western Australia. Healthscope will retain its pathology operations in Victoria, South Australia and the Northern Territory, where it has much stronger market shares. The acquired operations are only marginally profitable, but Sonic will pay $100m for them. Size matters in pathology, so Sonic expects to benefit from integrating the Healthscope volumes into its existing network. Taking these...

The once-listed but now private equity-owned pathology company Healthscope has decided that competing with market leader Sonic Healthcare is just too difficult. Sonic announced today that it will acquire Healthscope’s pathology businesses in New South Wales, the Australia Capital Territory, Queensland and Western Australia. Healthscope will retain its pathology operations in Victoria, South Australia and the Northern Territory, where it has much stronger market shares.

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