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New Deal


Announced

Hologic to acquire SOMATEX Medical Technologies for $64m.

Financials

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Transaction Value£46m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Germany

medical devices

Cross Border

Single Bidder

biopsy

Medical Equipment

Private

Majority

Acquisition

Friendly

Pending

Synopsis

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Hologic, a medical technology company, agreed to acquire SOMATEX Medical Technologies, a medical technology manufacturer in Berlin, for $64m. "The acquisition of SOMATEX allows us to expand our biopsy portfolio by providing a suite of market-leading solutions that not only address our customers’ needs, but also improve the biopsy experience for their patients. We’ve had a strong partnership with SOMATEX for several years, which along with our shared focus on innovation, will allow us to quickly integrate and begin building a pipeline that will drive profitable growth and recurring revenue for our breast health business globally," Jennifer Meade, Hologic Division President.

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