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Span Nihon Kohoen Diagnostics Pvt Ltd &
Nihon Kohden Corp
Update Date: 10/14/08
Date Announced: 10/10/08
Value (million $USD): n/a
Status: Completed
TRANSACTION DETAILS
Date Announced10/10/08
Date Originally Announced10/10/08
FormatAcq. Maj. Int.Acquisition techniquesDivestiture; Joint Venture
AttitudeFriendlyAgencyn/a
Valuen/aAdvisor Feesn/a
SYNOPSIS
INDIA - Nihon Kohden Corp (NK) acquired a 55% interest in Span Nihon Kohoen Diagnostics Pvt Ltd (SN), a diagnostic pharmaceuticals manufacturer and a wholly-owned unit of Span Diagnostics Ltd (SD), in the formation of a joint venture. On completion, NK owned 55% and SD the remaining 45% stake in SN.
TARGET
NameSpan Nihon Kohoen Diagnostics Pvt Ltd
IndustriesPharmaceutical preparations; Medicinal chemicals and botanical products
Cityn/a
Staten/a
NationIndia
Incorporated inn/a
Public StatusSubsidiary
Business DescriptionSpan Nihon Kohoen Diagnostics Pvt Ltd, headquartered in India, manufactures diagnostic pharmaceuticals.
AdvisorsNULL
Target Salesn/a
ACQUIROR
NameNihon Kohden Corp (Tokyo : 6849)
IndustriesX-Ray apparatus & tubes & other irradiation equip.; Medical, dental, and hospital equipment & supplies; Professional equipment and supplies, nec
CityTokyo
Staten/a
NationJapan
Incorporated inn/a
Public StatusPublic
Business DescriptionNihon Kohden Corp, based in Tokyo, Japan, manufactures, exports, imports and distributes electronic medical equipment. The operations are carried out through the following divisions: Electronic medical equipment and other. Medical products of the Group include electrocardiograms, electroencephalographs and patient monitoring systems and defibrillator and power transformers. The company has operations in USA, Europe and Asia. Founded in 1951.
AdvisorsNULL
Acquiror Sales1.02 billion U.S. Dollar
108.28 billion Japanese Yen
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