SYNLAB further densifies and optimises its network

These divestments align with SYNLAB’s overarching strategy to densify its network by focusing on countries that offer attractive strategic perspectives for the Group’s further development. Operations in Croatia, Cyprus, North Macedonia, Romania, Slovenia and Turkey accounted for approximately 1.5% of total Group revenue in 2024.

“Through active portfolio management, we continuously review our activities, the strategic perspectives and future growth potential across our markets. As a result, we have decided to sell parts of our operations in our existing portfolio, as we see limited opportunities to further scale up in these geographic regions,” said Mathieu Floreani, CEO of the SYNLAB Group.

“Efficient capital deployment is a key element of our Group strategy. In line with this strategy, we enhance performance and optimise our network focusing on densification within key countries while diversifying across markets," added Floreani. “We are thankful for the contribution and dedication of our highly skilled SYNLAB colleagues and are confident they will succeed in their new setup.”