Brief: Addlife Signs Agreement With Wellspect Healthcare On Acquisition Of Business

AddLife AB

19/12/2018 18:34

Dec 19 (Reuters) - AddLife AB  ALIFb.ST :
    * ADDLIFE SIGNS AGREEMENT WITH WELLSPECT HEALTHCARE ON
ACQUISITION
OF BUSINESS IN SURGERY AND RESPIRATION
    * ACQUISITION IS EXPECTED TO BE COMPLETED DURING Q1 OF 2019.
    * BUSINESS WILL PRIMARILY BE INTEGRATED INTO ADDLIFE'S
SUBSIDIARIES MEDIPLAST AND BIOMEDICA DURING Q1 OF 2019
    * BUSINESS WILL PRIMARILY BE INTEGRATED INTO ADDLIFE'S
SUBSIDIARIES MEDIPLAST AND BIOMEDICA DURING Q1 OF 2019
    * TOTAL PURCHASE CONSIDERATION FOR BUSINESS IS EUR 18
MILLION
    * ADDLIFE- UNDER AGREEMENT, ADDLIFE IS ACQUIRING NUMBER OF
MARKET-LEADING NICHE PRODUCTS WITH ASSOCIATED RIGHTS, CUSTOMER
AGREEMENTS IN SEVERAL MARKETS

Source text for Eikon:  ID:nWkr6WmDCw 
Further company coverage:  ALIFb.ST 

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