SARSTEDT to become Majority Shareholder of Timedico
Timedico A/S and SARSTEDT AG & Co. KG are proud to announce the acquisition of Timedico by SARSTEDT
Nümbrecht, Germany and Bording, Denmark – 08 April 2020 – SARSTEDT AG & Co. KG, a world leading supplier of consumables and instruments for medicine and science, and Timedico A/S, a company that develops and markets a one-touch blood sample transportation system, today announced that SARSTEDT AG & Co. KG has acquired 80% of the shares in Timedico and secured a right to acquire additional 20% in the near future. Daniel Blak one of the selling shareholders will continue to lead the operations as CEO of Timedico from the date of closing.
“We are delighted of the unique addition to SARSTEDT, providing our healthcare customers with a more diversified pre-analytical solution portfolio” states Jürgen Sarstedt, shareholder and chairman of SARSTEDT’s supervisory board. “By combining Timedico’s Tempus600® blood sample transportation system with our unique S-Monovette® blood collection system and our lab automation solutions we leverage our value proposition to our global customers.”
Timedico is a growing company providing its medical transport solution to healthcare providers across 21 countries. Their Tempus600® lineup enables the one-touch sample transport from the point of collection to the laboratory.
“I look forward to the incredibly exciting future, in which we, with the support of SARSTEDT, will be enabled to significantly expand the reach of our solution, bringing the potential of Tempus600® to fruition, to the benefit of our customers as well as our employees.”, said Daniel Blak.
Rainer Schuster, Member of the Executive Board Sales / Research & Development, concludes, “We are welcoming the Timedico employees to SARSTEDT. With their product portfolio they are a perfect addition to us, and we are excited for a seamless and unique product portfolio for the entire pre-analytical work flow. We have been working on this transaction for many months and we are glad that we managed to conclude the deal.”
Timedico A/S, a Denmark-based private listed company, is the manufacturer of the Tempus600® blood sample transportation solution. Since its foundation in 2012, Timedico has experienced exceptional growth both domestically and internationally. Through its headquarters in Denmark as well as its affiliates in Sweden and Benelux and a joint venture in Thailand, Timedico delivers and services its, now modular and integrated, Tempus600® product lineup to customers in over 20 countries globally.