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Network Medical Products Ltd &
Prim SA
Update Date: 10/10/08
Date Announced: 10/09/08
Value (million $USD): 0.3 million U.S. Dollar
0.2 million British Pound
Status: Completed
TRANSACTION DETAILS
Date Announced10/09/08
Date Originally Announced10/09/08
FormatAcq. Part. Int.Acquisition techniquesNot Applicable
AttitudeFriendlyAgencyn/a
Value0.3 million U.S. Dollar
0.2 million British Pound
Advisor Feesn/a
SYNOPSIS
UK - Prim SA of Spain, raised its stake to 48.24% from 37.43%, by acquiring a 10.81% stake in Network Medical Products Ltd, a North Yorkshire-based manufacturer and wholesaler of surgical and medical equipment, for 0.158 mil British pounds (0.2 mil euros/$0.273 mil US).
TARGET
NameNetwork Medical Products Ltd
IndustriesSurgical and medical instruments and apparatus; Orthopedic, prosthetic, and surgical supplies; Retail stores, nec
CityRipon, North Yorkshire
Staten/a
NationUnited Kingdom
Incorporated inn/a
Public StatusPrivate
Business DescriptionNetwork Medical Products Ltd, located in North Yorkshire, United Kingdom, manufactures and wholesales surgical and medical equipment and supplies for Ophthalmic and Ear, Nose and Throat specialists.
AdvisorsNULL
Target Salesn/a
ACQUIROR
NamePrim SA (Madrid : PRM)
IndustriesOrthopedic, prosthetic, and surgical supplies
CityMadrid
Staten/a
NationSpain
Incorporated inn/a
Public StatusPublic
Business DescriptionPrim SA, located in Madrid, Spain, manufacture surgical and medical equipment and supplies.
AdvisorsNULL
Acquiror Sales146.3 million U.S. Dollar
92.8 million EURO
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