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Carl Zeiss Meditec AG acquires Aaren Scientific

Tuesday, 7 Jan 2014 06:47am EST 

Carl Zeiss Meditec AG:Announces the acquisition of the United States-based manufacturer of intraocular lenses (IOLs) Aaren Scientific Inc headquartered in Ontario, California.Says the share purchase agreement to acquire 100% of shares in Aaren should be signed on Jan. 7 and the transaction is expected to close immediately.Says Aaren will be incorporated into the strategic business unit Surgical Ophthalmology of Carl Zeiss Meditec AG, complementing existing IOL sites in Berlin, Germany and La Rochelle, France.Says the purchase price for 100 percent of the shares of Aaren Scientific amounts to $ 70 million in cash on a cash free/debt free basis. 

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0.9 +0.67%
27 Feb 2015