StatLab Medical Products (“StatLab”), a prominent global developer and manufacturer of medical diagnostic supplies and equipment, continues its strategic expansion with the announcement of its acquisition of Especialidades Médicas Myr, S.L. (“Myr”), a well-established Spanish manufacturer specializing in histology equipment. This acquisition will significantly enhance StatLab’s product offerings, manufacturing capabilities, and global distribution network, providing the company with expanded access to key international markets.
The addition of Myr aligns with StatLab’s long-term growth strategy, allowing the company to further strengthen its portfolio and expand its international presence. Myr brings with it a broad array of histology equipment, a robust manufacturing hub, and a proven distributor network that spans regions across the globe. StatLab’s acquisition of Myr reinforces its commitment to delivering top-tier products and services to customers in the healthcare sector, especially within the field of anatomic pathology.
“This acquisition represents a fantastic opportunity to elevate Myr’s brand and business on a global scale,” said Paco Ruiz, CEO & Founder of Myr. “The integration with StatLab will allow us to leverage our collective expertise and capabilities to drive further growth, enhance our product offerings, and meet the evolving needs of our customers worldwide.”
Headquartered in Tarragona, Spain, Myr was founded 36 years ago by Francisco (Paco) Ruiz. Over the years, Myr has gained recognition as a trusted supplier of premium histology equipment for tissue processing, embedding, sectioning, and staining. Its comprehensive product range is supported by an established distributor network that spans across the globe, positioning Myr as a leader in the histology space. StatLab’s acquisition now opens up significant opportunities for the company to strengthen its presence in Europe while also gaining new access to emerging markets.
“The acquisition of Myr is a significant strategic move for StatLab, especially as it diversifies our equipment portfolio and enhances our ability to drive growth in key European markets,” said Sung-Dae Hong, CEO of StatLab. “Through this partnership, we aim to further expand into developing markets, leverage existing distribution channels, and continue investing in our ability to provide the best histology equipment and solutions available. We are thrilled to welcome Paco and the entire Myr team to StatLab and look forward to building on the strong foundation they have created.”
The integration of Myr’s equipment products into StatLab’s portfolio adds depth and variety to StatLab’s already impressive offerings, especially with its growing presence through the Diapath and CellPath brands. These brands, which are part of StatLab’s global reach, provide products that cater to various markets within the anatomic pathology and laboratory sectors. This acquisition will help StatLab increase its competitiveness in these markets and provide additional growth avenues, especially in emerging economies where healthcare infrastructure is rapidly advancing.
“This partnership aligns perfectly with our shared vision of delivering high-quality, reliable products to meet the needs of our customers,” added Ruiz. “By joining forces with StatLab, we are poised to accelerate our global growth and expand our footprint across the globe.”
About StatLab Medical Products
Founded in 1976, StatLab Medical Products has been dedicated to advancing the quality of anatomic pathology laboratories, helping them provide the best possible patient care. The company offers a wide range of self-manufactured consumables and labeling and tracking equipment from nine manufacturing sites in the United States, United Kingdom, and Europe. StatLab’s expansive operational footprint is powered by more than 750 colleagues who are driven by the company’s mission to provide reliable, innovative, and high-quality solutions to the medical community.
About Myr
Myr is a leading provider of histology equipment, known for its excellence in the development and manufacture of advanced instruments. With over 30 years of experience, Myr specializes in a complete range of high-quality products for the histology market, including equipment for tissue processing, embedding, sectioning, and staining. The company’s commitment to quality and customer satisfaction has earned it a trusted reputation with clients worldwide.