The Diploma Healthcare Group (“DHG”) in Canada comprises three principal operating businesses, Somagen, Vantage and AMT, which supply to the ca. 600 public hospitals across the country as well as to private clinics and laboratories. DHG in Australia and New Zealand comprises three principal operating businesses, BGS, DSL and the recently acquired business Abacus. In 2014, DHG extended its operations into Ireland and the UK with the acquisition of TPD.
Somagen Diagnostics (“Somagen”) is a leading supplier to the clinical diagnostics market in Canada and joined the Group in July 2004. It operates from a 16,000 sq.ft freehold facility in Edmonton.
Somagen supplies a range of consumables and instruments used in the diagnostic testing of blood, tissue and other samples in hospital laboratories. Consumable products are in the form of chemical reagents and are often packaged as kits to enable the analyst to carry out a complete testing routine. A large proportion of Somagen's revenues are generated from reagent rental contracts with terms ranging from one to five years. An instrument is provided to the customer in return for a commitment to minimum annual purchases of reagents.
Somagen's principal customers are the ca. 600 laboratories within hospitals across Canada. Somagen has exclusive long-term distribution agreements for Canada with a range of suppliers from the US, Japan and Europe.
Somagen is also a leading supplier of products and services to the growing assisted reproductive technology ("ART") market, represented by approximately 30 dedicated clinics across Canada.
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Somagen location: Edmonton, Canada.
AMT Electrosurgery (“AMT”) is a leading distributor of specialty electrosurgery equipment and consumables for use in the operating rooms of hospitals across Canada.
Products include surgical smoke evacuation, conductivity pads, laparoscopic electrodes and other surgical instruments and accessories. A large proportion of AMT's revenues come from multi-year customer contracts with hospitals and buying groups. Sales efforts are focused on nurse managers, physicians and surgeons. AMT is also building a portfolio of specialised surgical instruments and devices used in minimally invasive ("MI") surgery.
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AMT location: Kitchener, near Toronto, Canada
Vantage Endoscopy (“Vantage”) a division of AMT supplies a range of medical devices and related consumables and services to GI Endoscopy suites in hospitals and private clinics across Canada. Products include endoscopic imaging and reprocessing systems, therapeutic technologies and devices and other essential accessories and service support.
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Vantage location: Kitchener, near Toronto, Canada
Big Green Surgical ("BGS") in Australia is a smaller, more narrowly focused version of AMT's electrosurgery business in Canada and shares a number of common suppliers. BGS joined DHG in July 2010.
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BGS location: Melbourne, Australia
Diagnostic Solutions ("DSL") supplies in-vitro diagnostic products to hospitals and private laboratories in Australia and New Zealand. DSL shares several common suppliers with Somagen in Canada and joined DHG in June 2012.
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DSL location: Melbourne, Australia
In April 2017, Diploma completed the acquisition of Abacus ALS PTY LTD (“Abacus”) in Australia and New Zealand. Abacus is a long-established supplier of clinical diagnostics instrumentation and consumables to the Pathology and Life Sciences sectors. Abacus has particular strengths in Immunology and Biochemistry testing, supplying to both the public and private laboratories in Australia and New Zealand. Abacus also supplies to research and educational institutions, blood donor services and specialist centres including IVF and veterinary laboratories.
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Abacus location: Brisbane, Australia
In October 2014, Diploma completed the acquisition of Technopath Distribution ("TPD") in Ireland. TPD is an established supplier of products to the Biotechnology, Clinical Laboratory and Medical markets. The acquisition of TPD represents an important first step in extending the scope of DHG's business into the markets of Ireland and the UK, as well as adding important new products and suppliers.
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TPD location: Ballina, County Tipperary, Ireland