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New Deal


Announced

Palex to acquire the Medical Devices and Scientific Instrumentation Distribution businesses of Werfen.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Spain

Medical Equipment

medical devices

scientific instrumentation

Acquisition

Friendly

Single Bidder

Portugal

Majority

Pending

Domestic

Synopsis

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Palex, a medical devices company, agreed to acquire the Medical Devices and Scientific Instrumentation Distribution businesses of Werfen, a healthcare company. Financial terms were not disclosed. “These businesses are deeply rooted in our company's history and, through the years, have become renowned in Spain and Portugal. I am especially pleased that in Palex, we have found an owner able to provide our employees with an opportunity to join a company that will focus on growing these businesses," Carlos Pascual, Werfen CEO.

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