Zeiss Meditec buys Dutch firm for nearly 1 bln euros

Carl Zeiss Meditec AG

15/12/2023 19:40

BERLIN, Dec 15 (Reuters) - German medical technology
firm Carl Zeiss Meditec  AFXG.DE  said on Friday it had bought
the Dutch Ophthalmic Research Center, a developer of devices for
eye surgery, for nearly 1 billion euros  ($1.09 billion).
    Carl Zeiss Meditec, a subsidiary of the Zeiss Group which is
known for its camera lenses, said the acquisition would further
strengthen its position as the fastest growing manufacturer of
ophthalmic medical devices globally. 
    The DORC's products are used by ophthalmic surgeons around
the world to treat a wide range of vision-threatening
conditions, it said.
    Zeiss bought DORC for 985 mln euros, nearly five times the
Dutch firm's expected turnover this year of some 200 million
euros. 
 ($1 = 0.9181 euro)

 (Reporting by Alexander Huebner; Writing by Sarah Marsh;
Editing by Jonathan Oatis)
 ((sarah.marsh@thomsonreuters.com; +49 30 220133621; Reuters
Messaging: sarah.marsh.thomsonreuters.com@reuters.net))