Roche Holding AG / Corange Ltd. (Boehringer Mannheim Group)
1997 · Acquisition/Merger · $11.0B · Complete
Announcement Sentiment
80
Strongly positive
Outcome Score
88
Worked — the deal delivered on its rationale.
Roche acquired the Corange group, parent of Boehringer Mannheim and DePuy, for approximately $11 billion (DM 18.7 billion), creating the world's largest diagnostics company with combined yearly sales exceeding $2.5 billion in the diagnostics segment.