HealthcareAug 10, 2026

SYNLAB BONDCO PLC

Company Profile Analysis

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Year Founded & Workforce

2014-12-31

22,000 Employees

Industry

Healthcare

Services

SYNLAB BONDCO PLC Overview

Company Headquarters: London, UK

Founded: 2015

Workforce: ~22,000

Company Working: SYNLAB Bondco PLC (SYNLAB) was incorporated on 9 June 2015 and acquired the Labco Group on 7 August 2015 and the Synlab Group on 1 October 2015. The main business of the SYNLAB Bondco PLC is the supply of medical diagnostic services, primarily relating to clinical diagnostics testing, and screening services. It is also active in analytics & services business covering notably environmental and food testing. This company focuses on medical supplies, trade, clinical trials, and offers consulting services. Its customers include doctors, patients, clinics, university hospitals, retirement and nursing homes, veterinary practices, business enterprises, communities and authorities, and pharmaceutical companies.

SYNLAB particularly focuses on the implementation of innovative laboratory medicine methods and networking specialist diagnostic competences (SYNLAB Centers of Excellence). SYNLAB maintains its strategic business units in individual countries for veterinary medicine and environmental analysis. This service portfolio is rounded off by expert medical imaging centers in certain countries. The group works closely with research institutions and universities and maintains an educational institution named the SYNLAB Academy.

The company is present in more than 37 countries globally. It has a workforce of around 22,000 employees spread across the globe. It performs approximately 450 million test results per annum. It benefits from a network of over 475 laboratories across 37 countries worldwide, including the core markets of Germany, France, Switzerland, Italy, and Spain. It completed 33 acquisitions in 2017 and 21 acquisitions in 2018.

Strategy

SYNLAB Bondco PLC intends to continue to grow its business by expanding its services offering. It will also focus on leveraging the business’s scale, capabilities, and supplier relationships to drive operating efficiencies by streamlining its lab operations and administrative functions. The group expects to pursue growth opportunities through selective acquisitions in the markets in which it already operates.

Company Snapshot

$1,670.3M

Revenue

22,000

Employees

2014-12-31

Founded

London, UK

Headquarters

SWOT Analysis

Strengths

Inorganic growth
Strong tie-ups with hospitals and pharmaceutical companies
Capacity to perform large number of diagnostic tests per annum

Weaknesses

Volume-based business offering
Operational efficiency

Opportunities

Expansion of services offering
Regional expansion in developing countries

Threats

Rapid technological changes could hinder company’s growth
Changing regulatory environment may affect profitability

Key Developments

Date	Approach	Development
November 2018	Acquisition	SYNLAB completed the acquisition of the Branch of Clinalis S.a.s. (Italy), Salus Controlli Medici Diagnostici S.r.l (Italy), Ar.Pa. Radiologica S.r.l (Italy), Laboratorio Ostiense S.r.l (Italy), and Fisiokinesiterapia 21 S.r.l (Italy) to acquire a consolidating position in the Italian market.
October 2018	Acquisition	SYNLAB acquired the Branch of Instituto Analisi Fiorentino S.r.l. (Italy), Medical Fisiolab S.r.l. (Italy), and Praxisgemeinschaft Wuppertal (Germany) to expand its presence in Italy.
September 2018	Acquisition	SYNLAB acquired Netlab S.A. (Ecuador) to expand into lucrative emerging markets.
August 2018	Acquisition	SYNLAB closed the acquisition of eBioSanté SELAS (France), Lounais Suomen Patologian Laboratorio (Finland), Genjung (Germany) to expand its services through acquisitions.
July 2018	Acquisition	MYCETE S.r.l. (Italy), Yhtyneet Medix Laboratoriot Oy (Finland), Laboratorio Iris S.r.l. (Italy), and Wieland (Germany) was acquired by SYNLAB to increase its aggregator position in Europe.
April 2018	Acquisition	SYNLAB acquired Piombino Poliambulatory (Italy), Axiome (France), and Fleming Bio S.r.l. (Italy) to strengthen its position in Italy.
March 2018	Acquisition	SYNLAB entered the new geographic region through the acquisition of Análises Clinicas do Bom Jesus, Lda (Portugal).
February 2018	Acquisition	SYNLAB acquired SPRL ANALYSES MEDICALES RISSELIN (Belgium) and WSF GmbH (Germany) to maximize the reach of its services.
January 2018	Acquisition	SYNLAB entered the Latin American market through acquisition of Sociedad Interdisciplinaria para la Salud S.A. - Siplas S.A (Colombia) and Imágenes Diagnósticas S.A. (Colombia). ELOIS S.r.l. (Italy) and Seldaix SELAS (France) are another acquisition in Europe.

Product Offering

SYNLAB BONDCO PLC
- Services

Financial Performance

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About the Author

Wantstats Research Team

Wantstats' research desk profiles SYNLAB BONDCO PLC as part of our ongoing coverage of the Healthcare sector, drawing on public company data, filings, and market intelligence.

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I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!

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Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.

Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.

Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.

Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.

Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.

Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.

Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.

Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.

Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!

Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.

Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

SYNLAB BONDCO PLC

Company Headquarters: London, UK Founded: 2015 Workforce: ~22,000 Company Working: SYNLAB Bondco PLC (SYNLAB) was incorporated on 9 June 2015 and acquired the Labco Group on 7 August 2015 and the Synlab Group on 1 October 2015. The main business of the SYNLAB Bondco PLC is the supply of medical diagnostic services, primarily relating to clinical diagnostics testing, and screening services. It is also active in analytics & services business covering notably environmental and food testing. This company focuses on medical supplies, trade, clinical trials, and offers consulting services. Its customers include doctors, patients, clinics, university hospitals, retirement and nursing homes, veterinary practices, business enterprises, communities and authorities, and pharmaceutical companies. SYNLAB particularly focuses on the implementation of innovative laboratory medicine methods and networking specialist diagnostic competences (SYNLAB Centers of Excellence). SYNLAB maintains its strategic business units in individual countries for veterinary medicine and environmental analysis. This service portfolio is rounded off by expert medical imaging centers in certain countries. The group works closely with research institutions and universities and maintains an educational institution named the SYNLAB Academy. The company is present in more than 37 countries globally. It has a workforce of around 22,000 employees spread across the globe. It performs approximately 450 million test results per annum. It benefits from a network of over 475 laboratories across 37 countries worldwide, including the core markets of Germany, France, Switzerland, Italy, and Spain. It completed 33 acquisitions in 2017 and 21 acquisitions in 2018.

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