Administration Report

Acquisitions

AddLife continuously seeks companies to acquire and is in discussions with several potential targets. During this financial year, one acquisition was completed within the Labtech business area.

AddLife's acquisition strategy 

• The subsidiaries can make small bolt-on acquisitions to strengthen existing businesses in their niche

• The business areas can expand and build market and/or product positions in selected market segments
• The business areas can add new market segments in areas where we see opportunities to gain market leadership

The following acquisition was completed during the year:
On July 4, 2024, AddLife acquired all shares in BonsaiLab, adding it to the Labtech business area. BonsaiLab is a leading Spanish distributor in cell and molecular biology, offering a product portfolio of market-leading instruments and consumables. The company has an annual turnover of approximately 90 MSEK and 13 employees.