Quidel Acquires Ortho Clinical Diagnostics to Form QuidelOrtho

May 27, 2022

Quidel agreed to acquire Ortho Clinical Diagnostics in a cash-and-stock deal valued at approximately $6.0 billion, combining complementary in vitro diagnostics portfolios. The transaction was later completed, creating QuidelOrtho, headquartered in San Diego, and bringing together roughly 6,000 employees and more than $3.5 billion in combined 2021 revenue.

Buyers
Quidel Corporation, QuidelOrtho Corporation
Targets
Ortho Clinical Diagnostics Holdings plc
Location
California, United States
Transaction Type
Buyout

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