MXR Imaging completed the acquisition of the OI Healthcare business of Oxford Instruments for $15m.

MXR Imaging, one of the largest independent providers of diagnostic imaging equipment, completed the acquisition of the OI Healthcare business of Oxford Instruments, a provider of high technology products and services, for $15m. "The sale of the Oxford Instruments' US-based OI Healthcare business further supports our ongoing strategy to focus on chosen markets with long-term growth drivers where we can uphold or develop leading positions. This sale will allow us to continue enhancing our ability to deliver further growth and margin improvement while maintaining a customer-centric approach," Ian Barkshire, Oxford Instruments CEO.