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Provider: Reuters Investment Profile
Provider: Thomson Reuters Stock Report
Provider: ValuEngine, Inc.
Provider: ValuEngine, Inc.

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HOYA CORP to Set Up Joint Venture in Netherlands - Asahi Shimbun

Thursday, 31 Oct 2013 08:00pm EDT 

Asahi Shimbun reported that HOYA CORP has clinched a deal to acquire a majority stake in Wassenburg Medical Devices B.V. an Automated Endoscope Reprocessing (AER) company in the Netherlands. The planned closing date is November 1, 2013. This strategic acquisition enables HOYA through its division PENTAX Medical to give its global customers complete access to portfolio in the field of flexible endoscopy from Endoscopes to AERs. The same synergies will also be driven by Wassenburg as the respective installed base customers and new customers will have a wider portfolio to benefit from. This joint venture is about product synergies, channel synergies and geographic expansion. 

Company Quote

-38.5 -0.83%
8:32pm EDT