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
- Industry
- Healthcare Services
- Location
- California, United States
- Transaction Type
- Buyout
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