Hey, this is AUStock_Pedia.
Here I would like to introduce you to some unfamiliar companies that you may probably haven't heard of, and hope it can be of some help to your investments.
The company I'm going to introduce this time is $SONIC HEALTHCARE LIMITED(SHL.AU)$ .
[Company Profile]
Founded in 1987, Sonic Healthcare Sonic Healthcare provides laboratory services, pathology, and radiology services. The company is now part of theS&P/ASX 50, and is one of the largest medical companies listed on the ASX.
The others areCSL Limited,Cochlear, andResMed. The company strategy is growth by acquisition of overseas companies. With many critiques arguing that such a strategy can lead to over diversification, yet has seemingly worked well to expand its business.
[History & Events]
1987: Sonic Healthcare was listed on the Australian Stock Exchange as Sonic Technology Australia Ltd.
1991： Douglass Laboratories opened a pathology branch in Adelaide, South Australia.
1992： the company acquired, then merged with, the Adelaide pathology practice Clinpath Laboratories.
1993： Dr Colin Goldschmidt was appointed Managing Director for the group of laboratories.
1994：Sonic Healthcare acquired and merged with Sydney's Tan Pathology.
1995：Sonic Healthcare acquired the Adelaide practice Pathlab making it part of Clinpath Laboratories. The company also formally changed from Sonic Technology to Sonic Healthcare Limited.
2005：Sonic Healthcare acquired an 82% interest in Clinical Pathology Laboratories, Inc. the largest privately owned regional pathology laboratory in the United States of America.
2012：the company acquired Labor Oldenburg Dr. Müller (Germany) and the Western Australian pathology operations of Healthscope.
2013：IPN acquired the Australian Locum Medical Service group and Sonic acquired Labco S.A. Group (Germany).
2014：Sonic acquired San Pathology (Sydney).
2020 - 2021： Sonic acquired Pathologie Hamburg, a majority stake in Epworth Medical Imaging (Victoria, Australia) and in Harrison.ai's pathology solutions, Canberra Imaging Group, and ProPath (Dallas, Texas).
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