Brief: Medios Acquires Blisterzentrum Baden-Württemberg

Medios AG

22/11/2022 12:25

Nov 22 (Reuters) - MEDIOS AG  ILM1k.DE :
    * ACQUISITION OF BLISTERZENTRUM BADEN-WÜRTTEMBERG GMBH AND
EXPANSIONS IN AREA OF STERILE MANUFACTURING
    * CONSIDERATION TO BE PAID BY MEDIOS AMOUNTS TO SLIGHTLY
MORE THAN
EUR 30 MILLION
    * TODAY ENTERED INTO A PURCHASE AGREEMENT FOR ACQUISITION OF
BLISTERZENTRUM BADEN-WÜRTTEMBERG GMBH ("BBW") AND AGREED ON A
COOPERATION IN FIELD OF STERILE MANUFACTURING WITH APOTHEKEN FÜR
SPEZIALVERSORGUNGEN OHG ("AFS")
    * CONSIDERATION TO BE PAID BY MEDIOS AMOUNTS TO SLIGHTLY
MORE THAN
EUR 30 MILLION AND WILL BE PROVIDED FROM FREELY AVAILABLE
LIQUIDITY AND, IF REQUIRED, FROM AVAILABLE CREDIT LINES, WITH
MORE THAN ONE THIRD BEING PERFORMANCE-BASED AND PAID OVER A
PERIOD OF TWO YEARS
    * IN ADDITION TO USUAL CLOSING CONDITIONS, CLOSING IS ALSO
SUBJECT
TO APPROVAL BY GERMAN FEDERAL CARTEL OFFICE. CLOSING IS EXPECTED
FOR EARLY 2023

Source text for Eikon:  ID:nEQ3NB153a 
Further company coverage:  ILM1k.DE 
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