Tuesday 18 January 2011

Macquarie Park. Sonic expands overseas

Sonic Healthcare, Australia's biggest provider of pathology services based at Macquarie Park, has paid $54 million for KBL-BML-Unilabo and Woestyn Laboratory, in Belgium, and made its first foray into the Californian market, paying $30 million for Physicians Automated Laboratory. Sonic managing director Colin Goldschmidt said the acquisitions were part of the company's growth strategy in Europe and the US and added there were more to come.

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