OMERS’ LifeLabs completes CML HealthCare purchase

LifeLabs Medical Laboratory Services, which is indirectly owned by OMERS through its Borealis Infrastructure unit, has completed the previously announced acquisition of CML HealthCare.

“The combination of LifeLabs and CML marks another significant step forward in building an outstanding medical lab business for Canadians,” says Michael Rolland, president and CEO of Borealis Infrastructure. It further expands on the momentum begun earlier this year when LifeLabs purchased British Columbia-based BC Biomedical.”