Advertisement

Picture Berlin Partner German Biotech Days 2024 in Berlin 650x100px
Organisation › Details

Elitech France SAS

The Elitech Group (www.Elitechgroup.com) is a high growth, profitable in vitro diagnostic company with global sales and distribution capabilities in over 100 countries. The company is the largest independent distributor of in vitro diagnostic products in France. Elitech operates globally, leveraging products from its own biochemistry and microbiology equipment and reagents manufacturing facilities as well as third party products. In May 2007 Elitech acquired Wescor Inc, Utah USA (www.wescor.com) to broaden its biomedical products platform and to provide a base for business expansion in the USA. In October 2007 Elitech acquired Vital Scientific in the Netherlands to allow the company to offer a complete biochemistry offering. Elitech offers clinical chemistry, microbiology, immunology and electrophoresis products and sells via distributors and through its subsidiaries in the USA and several European countries. The share exchange agreement contemplates that combined operations will include all of Elitech's operations except for the sales subsidiary in France, which is subject to an exclusive two year right for the combined company to purchase the operation for €3.5 million. In the interim, Elitech France will distribute products from the combined entity. The Elitech Group, excluding its French sales subsidiary, has approximately 260 employees and has had double-digit revenue growth in its core business over the last three of four years. For the fiscal year ended March 31, 2008, The Elitech Group had (Unaudited) revenue of approximately €47.5 million and over 40% gross margins, and was operating cash flow positive. *

 

Period Start 2007-06-06 existent
  Group Elitech (Group)
Product Industry in vitro diagnostics (IVD)
     
Region Region France_oo
  Country France
  Street 305 Allées de Craponne
  City 13300 Salon de Provence
  Tel +33-4-901754-50
    Address record changed: 2020-12-02
     
Basic data Employees n. a.
  Currency EUR
  Annual sales 150,000,000 (revenue, expected (2023) 2023-12-31)
     
    * Document for »About Section«: 
     
   
Record changed: 2024-03-30

Advertisement

Picture Swiss Biotech Association Swiss Biotech Days 2024 SBD24 Basel 650x200px

More documents for Elitech (Group)


To subscribe to our free, monthly newsletter for the European life sciences, please send an e-mail to info@iito.de and simply fill the subject line with the word »LSE Newsletter«

Find more infos about advertising at [iito] web portals in our media flyer [iito] in a Nutshell [PDF file]

Advertisement

Picture Berlin Partner German Biotech Days 2024 in Berlin 650x300px




» top