Labtech

Business Area Labtech

The Labtech business area offers the subsidiaries products, solutions and a broad range of services in diagnostics, biomedical research and laboratory analysis. Customers include research laboratories, university hospitals, pharmaceutical  companies and players in the food industry, primarily in the Nordic countries, as well as in Central and Eastern Europe.

Net sales: SEK 1,981 million
EBITA: SEK 202 million
Employees: 543
Percentage of net sales: 57%
 

Freedom as a distributor allows us to respond quickly and early to find the products on the cutting edge of development

Peter Simonsbacka, Business Area Manager Labtech

Labtech - Market trend in 2019

All in all, the Labtech business area performed well in 2019 in essentially all markets. Sales growth is largely the result of the Biomedica acquisition and 60 percent of Biomedica’s sales and earnings for the year were included in the Labtech  business area. The Biomedica acquisition created additional opportunities for increased growth in the business area in the long term. The need for advanced instruments and reagents in research and diagnostics is considered to be equivalent in health services regardless of geographic market. The organic growth of 3 percent is somewhat higher than the growth that we believe is inherent to the market. The diagnostics business has performed well and the focus is shifting from  mature areas such as clinical chemistry to areas with greater technological development in all markets. The business climate in the research market was also perceived as favourable in most countries, with continued initiatives from both public and private actors.
Several companies have worked on strengthening their margins during the year, while further streamlining their operations, which is positively reflected in the improved performance for the year.

Attractive partner

AddLife and the Labtech business area continue to attract market-leading acquisition candidates and leading niche suppliers. In this business area, many players are looking for attractive partners with access to highly competent staff and a wide distribution network across Europe. The freedom associated with being a distributor enables the companies to quickly respond to changes in the market and offer customers customised solutions.

Labtech´s Product Segment

  • Hematology
  • Pathology
  • POC (point-of-care diagnostics)
  • Cellular biology
  • Analytical instruments
  • Consumables
  • Analytical instruments
  • Microbiology
  • Molecular biology
  • Clinical chemistry
  • Immunology

We speak the same language as our customers

Kai Rantanen, Business Unit Manager Diagnostics

The laboratory industry is highly innovation-intensive. New products are constantly being developed and the trend is moving increasingly towards point-of-care solutions. Labtech’s product portfolio is currently an excellent fit for many customers. But our challenge is to find tomorrow's products for the customers of the future. We have to think the same way that our customers do – and have employees with extensive knowledge of the industry and a high-level scientific perspective. Building long-term  relationships where the customer clearly benefits from meeting you is a key factor for our success.

 

Subsidiaries

Sales of laboratory instruments and service services to research, industry, universities and colleges

Geographical market: Sweden, Denmark, Norway

Segment: Instruments and microscopy

Customer examples: Astra Zeneca, Lunds University, Karolinska Institute

Amount of employees: 16

Sales of analytical instruments and services for surface science research and development in academia and industry

Geographical market: World Wide

Segment: Advanced material development in academia and industry

Customer examples: P&G, IBM, Apple, BASF, Stanford University, Harvard University, Peking University

Amount of employees: 60

Wide assortment of products and services for the laboratory.

Geographical market: Central- and Eastern Europe

Segment: In vitro diagnostics, veterinary and food diagnostics, research reagents & instruments, Biomedica Immunoassays, Services

Customer examples: Private and Public Hospitals / Reference Centers / Private Laboratories / CROs / Research Institutes / Universities / Biotech & Pharma / Veterinary and Food Laboratories

Amount of employees: 280

BioNordika Group consists of: BioNordika Sweden AB, BioNordika Denmark A/S, BioNordika Finland OY, BioNordika Norway AS. Sales of laboratory equipment and reagents mainly for research

Geographical market: Sweden, Denmark, Norway, Finland, Estonia

Segment: Cell & Molecular Biology, immunology for academic research and pharma industry, as well as laboratory equipment

Customer examples: AstraZeneca, Karolinska Institute, Novo Nordisk, Novozymes, Institute for Molecular Medicine Finland

Amount of employees: 36

Supplier and manufacturer of a wide range of laboratory equipment and reagents.

Geographical market: Italy

Segment: Cell Biology, Molecular Biology, NGS, Immunology, Lab Equipment, Plasticware, HighTech Instrument and Medical Devices for the Life Science and Healthcare sector.

Customer examples: University research centres , Private research centres, Private and Public Hospital, Pharmaceutical Company, Industrial Company and Diagnostic Laboratories

Amount of employees: 58

Sales of laboratory equipment and service to research, industry and universities

Geographical market: Denmark

Segment: Wide range of laboratory products for Life Science, -80 Freezers, Laminar Air Flow cabinets

Customer examples: Novo Nordisk, Novozymes, LeoPharma, University of Copenhagen

Amount of employees: 44

Sales of diagnostic instruments and reagents to customers in the public healthcare and academic research

Geographical market: Finland, Sweden, Norway, Denmark, Estonia

Segment: Molecular diagnostics, 3D bioprinting, microbiology, pathology, genetics, cell biology, microscopy & imaging

Customer examples: HUSLAB, The Hospital District of Helsinki and Uusimaa, Oulu University Hospital

Amount of employees: 37

Production and sales of equipment for microbiological analyses to laboratories within the food industry

Geographical market: Mainly Europe and Northern America

Segment: Food microbiology

Customer examples: Eurofins, Synlab

Amount of employees: 12

Lab-Vent Controls A/S manufactures and installs control systems and alarms for ventilation systems in laboratories and operating rooms.

Geographical market: Denmark

Segment: Specialized ventilation solutions for laboratories and clean rooms with high demands on controlling air flows

Customer examples: University of Copenhagen, Aarhus University Hospital, University of Aarhus, Novo Nordisk, Rigshospitalet, Niels Bohr Institute

Amount of employees: 20

Triolab Group consists of: Triolab AB (Sweden), Triolab A/S (Denmark), Triolab OY (Finland), Triolab Baltic Oü (Estonia, Lithuania and Lativa), Bergman Diagnostika AS (Norway). Sales of diagnostic instruments and reagents

Geographical market: Sweden, Denmark, Norway, Finland, Estonia, Lithuania, Latvia

Segment: Blood gas, clinical chemistry, microbiology, molecular biology, immunology, pathology, hematology, POC and veterinary for customers in public sector and private sector medical care, as well as the pharmaceutical industry.

Customer examples: Karolinska University Hospital, Sahlgrenska Hospital, Odense University Hospital, Novo Nordisk, HUSLAB, Helsinki and Uusimaa Hospital District, Norwegian Health Care, Rikshospitalet, Haukeland University Hospital, St. Olavs Hospital

Amount of employees: 137