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New Deal


Announced

Uniphar to acquire EPS Group and M3 Medical for €40m.

Financials

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Transaction Value£34m
Consideration TypeCash, Contingent Deferred Consideration
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Ireland

medical technology

Majority

Acquisition

Single Bidder

Friendly

Medical Equipment

Pending

Private

Sweden

Synopsis

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Uniphar, a diversified healthcare services business, agreed to acquire EPS Group, a Nordic-based medtech service provider, and M3 Medical, an Irish-based medtech service provider, for €40m. "We are delighted to welcome our new colleagues from EPS and M3 to the Uniphar Group. These acquisitions are a key strategic step in Uniphar's plan to offer its pharmaco-medical clients a pan-European service by adding new countries and new agencies to our roster. With this development, we add to our already considerable expertise in the area of interventional technologies in key therapeutic areas, and Uniphar advances its ambition to become a leading independent distributor of medical devices throughout Europe. We expect to invest in these platforms in the short term as part of growing our unique and compelling proposition to emerging and specialist medical device manufacturers seeking a commercial partnership across their European business," Ger Rabbette, Uniphar CEO.

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