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Getinge AB Acquires Japanese USCI and Product Line from Avalon Laboratories


Wednesday, 11 Jul 2012 03:32am EDT 

Getinge AB announced that it has within the business area Medical Systems acquired Japanese USCI and Avalon Elite, through a purchase of a product line from Avalon Laboratories in the second quarter of 2012. USCI, which has been distributor for Medical Systems in Japan, has sales of approximately SEK 150 million. The acquisition of the product line from Avalon Laboratories is made at a price of USD 9.5 million (over SEK 66 million). Cannula product Avalon Elite, which has been included in the acquisition, has sales of approximately USD 4 million (approximately SEK 28 million). Production of the cannula will be continued by Avalon laboratories. 

Company Quote

179.1
-4.5 -2.45%
17 Apr 2014