DCC to acquire Medi-Globe Technologies from Duke Street for €245m.

DCC, an international sales, marketing, and support services group, agreed to acquire Medi-Globe Technologies, an international medical devices business focused on minimally invasive procedures, from Duke Street, a private equity firm, for €245m. "The synergistic acquisition of Medi-Globe significantly expands and enhances DCC Vital's position in the medical devices sector. It will create a leading international platform in single-use medical devices for minimally invasive procedures, with strong product development capability. The acquisition of Medi-Globe and other recent acquisitions in DCC Healthcare and DCC Technology are consistent with our ambition to really scale our operations in these higher growth sectors. We are very pleased with DCC Vital's progress in expanding its market positions beyond Britain and Ireland - we now have strong European growth platforms in both medical devices and primary care supplies," Donal Murphy, DCC CEO.