Synlab Group

In 1998, together with his partners, Bartl Wimmer founded SYNLAB GmbH in Augsburg, Germany, as an association of freelance laboratory physicians. In 2010, SYNLAB merged with the two laboratory providers, Futurelab and Fleming Labs, which laid the groundwork for several further acquisitions. SYNLAB was acquired by the European private equity investor Cinven in 2015.

In August 2015, the private equity company Cinven acquired French laboratory service provider Labco. Labco SA was founded in 2004 by a group of French biologists as a cooperation of nine French laboratories. In 2007, Labco took over General Lab in Spain and Portugal. In October 2015, Cinven took over the majority of shares of SYNLAB and merged both companies to become SYNLAB Group. Before, the private equity company BC Partners was the majority shareholder of SYNLAB. In December 2016, Novo Holdings A/S acquired 10% of SYNLAB shares, which was increased to about 20% in 2017.

In 2015, SYNLAB entered the African market. From 2016 to 2019, SYNLAB spent an average of 200 million euros annually on acquiring new companies.

In January 2020, it won a tender for a centralised pathology service to serve Guy's and St Thomas' NHS Foundation Trust, King's College Hospital NHS Foundation Trust, South London and Maudsley NHS Foundation Trust, Oxleas NHS Foundation Trust and Royal Brompton and Harefield NHS Foundation Trust for 15 years.

During the COVID-19 pandemic in August 2020, SYNLAB received a contract from UEFA to test players, officials, and referees and has been named the "UEFA Laboratory Diagnostics Provider 2020/2021". For 2021, SYNLAB reported an increase in sales of around 44% due to the high number of PCR tests.

In 2021 SYNLAB sold its Analytics & Services activities to SGS, a company providing inspection, verification, testing and certification services.

Since 2022, SYNLAB has been expanding in the Latin American market. For instance, the company entered the Chilean market in 2022 to expand its presence in fast-growing emerging markets. Other complementary bolt-on acquisitions were made in countries like France, Germany, Mexico and Colombia.

SYNLAB sold its veterinary diagnostics segment to Mars Incorporated in 2023.

SYNLAB provides medical diagnostic services to practising doctors, hospitals and clinics, governments, and corporates. The company also operates a network of more than 1,800 blood collection points (BCPs) for patients. SYNLAB's multidisciplinary range of services includes, in the field of human medicine, clinical chemistry, haematology, coagulation, microbiology, serology, immunology, genetics, molecular biology, pathology, cytology, endocrinology, and maternity care. The SYNLAB laboratories examine 600 million samples (e.g. urine, blood, tissue) every year on the basis of around 5,000 different test parameters. Approximately 50 new parameters are added each year.

In 2020, for example, Microba and SYNLAB entered an agreement to supply Microba's tests to healthcare providers in Spain and other countries in Europe and Latin America.