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New Deal


Announced

Shenzhen Mindray Bio-Medical Electronics to acquire a 75% stake in DiaSys Diagnostic Systems for €115m.

Financials

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Transaction Value£98m
Consideration TypeCash
Capital Owned-
Capital Bid For75%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Germany

Cross Border

Private

Single Bidder

diagnostic system solutions

Medical Equipment

Acquisition

Majority

Friendly

Pending

Synopsis

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Shenzhen Mindray Bio-Medical Electronics, a developer, manufacturer and marketer of medical devices worldwide, agreed to acquire a 75% stake in DiaSys Diagnostic Systems, a specialist in the development and manufacturing of diagnostic system solutions, for €115m. "DiaSys with its comprehensive range of products and global manufacturing footprints, and Mindray with its total IVD solutions and worldwide network, are ideal partners for lifting synergies in the IVD field. The individual strengths of both partners will support each other and help for a common and sustainable success in all regions of the world," Günther Gorka, DiaSys Founder.

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