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New Deal


Announced

AddLife to acquire Vision Ophthalmology Group for €165m.

Financials

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Transaction Value£140m
Consideration TypeCash, Ordinary Shares
Capital Owned-
Capital Bid For100%
EV/Sales2.4x
EV/EBITDA12.69x
Share Price Premium-
One Off Charge-

Tags

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Cross Border

Friendly

ophthalmology

Pending

Majority

Acquisition

Single Bidder

Germany

Medical Services

Private

Private Equity

Synopsis

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AddLife, a Sweden-based company, which is primarily involved in the healthcare industry, agreed to acquire Vision Ophthalmology Group, a European distributor and manufacturer in ophthalmic surgery, eye surgery, for €165m. "We have been interested in the ophthalmology market for some time. The segment has all the critical characteristics to fit our business model, and it strengthens our position as an independent European niche player in Life Science. VOG has a strong management team that brings valuable experience in ophthalmology. This gives us a stable platform and good conditions to grow both organically and via acquisitions in an interesting area," Kristina Willgård, AddLife CEO.

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