Galenica has acquired Diagnostics Group GmbH, enhancing its entry into the Swiss diagnostic market.

Target Information

Galenica has successfully completed the acquisition of Diagnostics Group GmbH (Labor Team Group, including labor team w ag), one of the leading diagnostic service providers in Switzerland. The transaction was finalized on September 9, 2025, following approval from the Swiss Competition Commission (WEKO), approximately two months after the announcement of the acquisition. This strategic purchase marks Galenica's entry into the diagnostic sector.

Labor Team will operate as an independent business unit under the name "Galenica Diagnostics" within the Products & Care segment. It will maintain its status as a legally independent entity and brand in the market. The newly formed board of directors for labor team w AG will combine management experience from Galenica with specialized lab expertise. Ole Wiesinger, the previous chairman of the board, will remain in this role to ensure stability. He will be joined by Thomas Szuran, Chief Products & Home Care of Galenica; Julian Fiessinger, CFO of Galenica; Christian Rebhan, CEO of Tentamus Group; and Ralph Panoff. Rahel Kubik, the previous board member, will step down, and both Labor Team and Galenica express gratitude for her contributions in recent years. The current management team of Labor Team, led by CEO Alain M. Cahen, will continue to oversee operational responsibilities.

Industry Overview in Switzerland

The Swiss healthcare sector is characterized by a strong emphasis on quality and innovation, making the country a hub for medical and diagnostic services. The national healthcare system is well-regulated and offers a range of services, includin