Announced
Completed
Financials
Tags
MRI equipment
Friendly
Acquisition
Completed
Medical Equipment
United States
Single Bidder
Majority
Private
Synopsis
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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