Announced
Financials
Tags
Private
Sweden
Acquisition
medical equipment
Cross Border
Majority
Pending
Medical Equipment
Private Equity
Friendly
Single Bidder
Synopsis
The Riverside Company, a global investment firm, agreed to acquire Dastex, a cleanroom garment & consumables distributor, and Vita Verita, a medical equipment supplier. Financial terms were not disclosed. "The investments highlight Riverside Europe's expertise at the crossroads of two of our focus sectors: healthcare and specialty distribution. It is also a clear illustration of our pan-European reach and ability to execute on primary opportunities to build leading businesses. Dastex and Vita Verita serve the resilient and growing cleanroom industry, helping customers in pharmaceutical, life sciences and other high-tech industries to meet ever stricter quality and regulatory standards. The acquisition of Dastex and Vita Verita will create a leader in contamination control to the benefit of its customers, facilitating further growth of the sector in Europe," Karsten Langer, Riverside Managing Partner.
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