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New Deal


Announced

Completed

Dedalus to acquire Agfa HealthCare for €975m.

Financials

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Transaction Value£830m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Synopsis

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Dedalus, a company 60% majority-owned by Ardian and active internationally in the clinical healthcare software sector, completed the acquisition of Agfa HealthCare, a provider of medical technological solutions, from Agfa-Gevaert, that develops, manufactures and distributes an analog and digital imaging systems and IT solutions, for €975m. "The acquisition would give an important boost to the European consolidation of the hospital software sector. The need to have a European operator in a sector with very high R&D investments is a guarantee for the entire European healthcare system to be able to count on products and technologies that have now become essential to reduce clinical risk, increase the quality of care and service to the patient and optimize the growing costs for taxpayers, due to the many factors that are putting the budgets of all countries under financial stress. It would be a transaction that would create the pan-European leader in the healthcare software sector and with a focus in the three largest countries of continental Europe. The group would have about 3,500 employees and the competences to develop an innovative platform of products for an industry which needs to improve efficiency and integrated solutions," Giorgio Moretti, Dedalus Chairman.

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