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New Deal


Announced

Hitachi completed the acquisition of a 75% stake in Kurt ve Kurt.

Synopsis

Hitachi, a Japanese manufacturer of communications and electronic equipment, completed the acquisition of a 75% stake in Kurt ve Kurt Ithalat Ihracat ve Mumessillik Anonim Sirketi, a Turkish medical company. Financial terms were not disclosed. "Turkey is positioned in the strategically and geographically important location to Europe, Middle East and Central Asia. After 33 years of successful partnership contributing to Turkey's Healthcare development, we recently have been providing not only our diagnostic systems, but also a various kinds of solutions to the medical facilities. Through this acquisition, we will further strengthen our partnership and collaborate together to deliver state of the art solutions. I envision that our works would contribute to the healthcare development and improve the quality of life in the region," Masaya Watanabe, Hitachi's Healthcare Business Unit Vice President and Executive Officer.

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