Grifols agreed to acquire Novartis's blood-transfusion diagnostics unit for $1.675B; expected to bring Grifols Diagnostic Division to >20% of company sales (~$1B turnover).
Did it work? Outcome assessment
Strategic verdict
Achieved Stated Rationale
Financial impact
Accretive
Pipeline outcome
Assets Advanced
Assessment window: 5yr post-close.
Key facts
AnnouncedNov 11, 2013
ClosedJan 09, 2014
Deal value$1.7B
Deal typeAsset Purchase
Therapeutic areaTransfusion medicine / blood screening diagnostics
IndicationsTransfusion medicine / blood screening diagnostics