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New Deal


Announced

Completed

Essity completed the acquisition of a 75% stake in ABIGO Medical for $69m.

Financials

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Transaction Value£53m
Consideration TypeCash
Capital Owned25%
Capital Bid For75%
EV/Sales2.2x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Private

Single Bidder

Majority

Sweden

Health Care Supplies

Medical Equipment

Friendly

Domestic

Completed

Synopsis

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Essity, hygiene and health company, completed the acquisition of a 75% stake in ABIGO Medical, which wholesales and distributes prescription drugs, proprietary drugs, and toiletries for $69m. "The acquisition is a good strategic fit for Essity and strengthens the innovation capacity of our Medical Solutions business. ABIGO Medical has leading innovations in advanced wound care that reduce the spread of bacteria without increasing resistance to antibiotics," Magnus Groth, Essity President and CEO.

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