Stratec Biomedical Systems

STRATEC SE (formerly STRATEC Biomedical AG) is a company with worldwide operations that designs and manufactures fully automated analyzer systems[1] for partners in clinical diagnostics and biotechnology - particularly in the field of in-vitro-diagnostics.[2][3]

STRATEC SE
ETR:SBS
ISINDE000STRA555
Founded1979
HeadquartersBirkenfeld, Germany
Key people
Marcus Wolfinger (CEO), Dr. Robert Siegle, Dr. Claus Vielsack, Dr. Georg Bauer
Revenue~ € 221 million (2019)
Number of employees
~ 1300
Websitestratec.com

As a classic OEM (Original Equipment Manufacturer) supplier, STRATEC produces its systems almost exclusively on behalf of its customers. Alongside the systems themselves, the company also provides sample preparation solutions,[2] system software and integrated laboratory software[4] (Middleware). STRATEC is also responsible for development documentation, testing, delivery of systems, and the supply of spare parts and complex consumables for diagnostic and medical applications.[5][2] STRATEC's customers are well known diagnostic companies like DiaSorin, Abbott, SIEMENS,[4] Bio-Rad or Hologic.

Locations

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Since its foundation, the company's headquarters has been in Birkenfeld (Enz), Gräfenhausen neighborhood. The company also has several branches and development and production sites:

Land Standort
Germany Birkenfeld
Switzerland Beringen
USA Medley, FL
Romania Cluj-Napoca
Hungary Budapest
Austria Anif
China Taicang

History

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The company was founded in Birkenfeld in 1979. Stratec Biomedical AG was publicly listed (IPO) in 1998. The wholly owned subsidiary Robion AG was founded in Switzerland in 2005 and later renamed as Stratec Biomedical Switzerland AG. Sanguin International, Ltd., UK, was acquired in 2006 and renamed as Stratec Biomedical UK, Ltd. This was followed in 2009 by the acquisition of Invitek Gesellschaft für Biotechnik & Biodesign mbH, Berlin, now Stratec Molecular GmbH, and of Ballista, Inc., USA, now Stratec Biomedical USA, Inc. in 2010. In November 2010, the company was admitted into the TecDAX stock market index. In March 2016, STRATEC acquired the Hungary-based company Diatron, a hematology system specialist. The company develops and manufactures analyzer systems and complementary products for use in human and veterinary diagnostics. In June 2016, another acquisition was announced: Sony DADC Biosciences GmbH, headquartered in Anif, Austria. The company has more than 1000 employees and is an OEM-supplier for smart consumable for diagnostics and life sciences applications.

In November 2018, the company completed its conversion into a European Company (Societas Europaea, SE), known as STRATEC SE.[6]

Subsidiaries

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  • STRATEC Consumables GmbH[2]

Mergers & Acquisitions

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2023

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Natech Plastics

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In June 2023, Stratec announced an agreement to acquire Natech Plastics, a US-based contract holder serving the medical technology sector with the development and marketing of polymer-based consumables for medical applications.[3] Natech operates three production facilities with producion press sizes ranging from 40 to 400 tons, including hydraulic, electric, and hybrid presses. The deal was valued at $30 million,[3][7] with an additional earn-out dependent on performance criteria through 2025. The acquisition was set to complete in July 2023.[3][7]

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References

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  1. ^ PR Newswire (2011-08-16). "Quanterix and STRATEC Announce Strategic Partnership: PR Newswire US". PR Newswire US – via Regional Business News.
  2. ^ a b c d Englert, Bob; Pichler, Ricarda (2018-11-06). "STRATEC Consumables and Vortex Biosciences Announce Manufacturing Partnership". Business Wire.
  3. ^ a b c d "Germany's Stratec Acquires Natech Plastics". Plastics Today. 2023-06-08. Retrieved 2024-10-01.
  4. ^ a b PR Newswire (2013-05-30). "Edison Extends its Diagnostic Industry Coverage with In-depth Research on Leading Diagnostic Instrument Supplier Stratec Biomedical: PR Newswire US". PR Newswire US – via Regional Business News.
  5. ^ "Archived copy" (PDF). Archived from the original (PDF) on 2015-11-18. Retrieved 2015-11-17.{{cite web}}: CS1 maint: archived copy as title (link)
  6. ^ "STRATEC completes transformation of legal form into a European Company" (PDF). November 28, 2018. Archived (PDF) from the original on December 1, 2020. Retrieved July 13, 2024.
  7. ^ a b ESPOSITO, FRANK (2023-06-07). "Germany's Stratec buys medical molder Natech to boost US presence". Plastics News. Retrieved 2024-10-01.