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New Deal


Announced

Completed

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

Financials

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Transaction Value£11m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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MRI equipment

Friendly

Acquisition

Completed

Medical Equipment

United States

Single Bidder

Majority

Private

Synopsis

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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.

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