Leading CDMO for Point of Care diagnostic systems, medical devices and analytical instruments for the life science industry

To company website
At a glance
Hospital
Sector: Healthcare
Growth
Vertical: Life Science & Diagnostics
Reference market: Point of Care Diagnostics
Money Growth
Investment type: Carve-out
Calendar
Acquisition: 2023
Location
Head office: Germany
Team
FTEs: ~200
LRE Medical

Overview

  • Founded in 1961, LRE Medical has +60 years of R&D and manufacturing excellence  
  • Offers end-to-end services – from initial concept to commercialization, scalable contract manufacturing and lifecycle management  
  • Global blue-chip customer base with two facilities in Germany

Positive impact to society

Diagnostic testing shifting closer to patients providing faster, better outcomes 

Investment rationale

  • Operates in an attractive niche market with sustainable long-term growth driven by megatrend shifting testing closer to patients and Point-of-Care 
  • Create a strategically critical supplier of design, development and manufacturing services to the Point-of-Care and Life Sciences industries
  • Opportunity to accelerate revenue growth through the expansion of commercial activities