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New Deal


Announced

Advanced Medical Solutions Group to acquire Peters Surgical from Eurazeo for €141m.

Financials

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Transaction Value£120m
Consideration TypeCash, Contingent Deferred Consideration
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA13.34x
Share Price Premium-
One Off Charge-

Tags

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medical devices

France

Medical Equipment

Acquisition

Cross Border

Majority

Private

Pending

Friendly

Single Bidder

Private Equity

Synopsis

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Advanced Medical Solutions Group, an advanced wound care and wound closure products manufacturer, agreed to acquire Peters Surgical, a medical devices manufacturer, from Eurazeo, a French private equity firm, for €141m. "Peters Surgical is an ideal fit for AMS in terms of its complementary expertise, global reach and potential for synergies with AMS's existing portfolio. As well as broadening our portfolio, AMS will benefit from the shared capabilities of the two companies, including direct sales channels, distribution networks, and manufacturing locations. We're thrilled to have secured such a transformational deal which aligns perfectly with our acquisition strategy," Chris Meredith, Advanced Medical Solutions Group CEO.

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