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New Deal


Announced

Completed

Hoya completed the acquisition of the remaining stake in Wassenburg Medical.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned51%
Capital Bid For49%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

Single Bidder

Minority

Private

Netherlands

Medical Equipment

endoscope reprocessing

Acquisition

Completed

Cross Border

Synopsis

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Hoya, a Japanese company manufacturing optical products such as photomasks, photomask blanks and hard disk drive platters, contact lenses and eyeglass lenses for the health-care market, medical photonics, lasers, photographic filters, medical flexible endoscopy equipment, and software, completed the acquisition of the remaining stake in Wassenburg Medical, a global manufacturer of a complete range of systems, consumables and services covering all aspects of the endoscope reprocessing cycle. Financial terms were not disclosed. “The strategic alliance formed between Hoya and Wassenburg has provided for a strong platform of growth since 2013. Wassenburg has more than doubled its turnover and opened additional direct affiliates in Europe and most recently in the United States, providing a platform for strong further growth. We are also delighted that Arno and Ronald Wassenburg, the Presidents of Wassenburg, have agreed to continue leading Wassenburg Medical in close cooperation with the Pentax Medical team and other Hoya MedTech & Life Science divisions,” Eiichiro Ikeda, Hoya CEO.

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