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New Deal


Announced

Cantel to acquire Hu-Friedy for $725m.

Financials

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Transaction Value£595m
Consideration TypeOrdinary Shares, Cash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Pending

medical equipment

Private

Friendly

Medical Equipment

Acquisition

United States

dental equipment

Single Bidder

Majority

Synopsis

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Cantel Medical, a global leader in instrument reprocessing and innovative infection prevention products and services is set to acquire Hu-Friedy, a global leading manufacturer of instruments and instrument reprocessing workflow systems serving the dental industry fro $725m. Under the terms of the acquisition, Cantel will pay $725m upfront for Hu-Friedy, up to $60 million of which will be paid in Cantel stock with the remainder to be paid in cash. “We are excited to join forces with Cantel and are looking forward to the opportunities this combination will bring for our customers, employees and other stakeholders,” Ron Saslow, Hu-Friedy CEO.

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