The listed Varian Medical Systems, Inc., USA, has acquired 73.5% of the share capital of listed MeVis Medical Solutions AG through a voluntary public takeover offer made by VMS Deutschland Holdings GmbH, a Varian affiliate. Network Corporate Finance exclusively advised Varian Medical Systems in connection with the transaction.
|Project type:||M&A , Capital Market Transactions|
|Description:||Acquisition by strategic investor|
On January 27, 2015, Varian Medical Systems, Inc., through its German affiliate VMS Deutschland Holdings GmbH, submitted a voluntary takeover offer to all shareholders of MeVis Medical Solutions AG for EUR 17.50 per share, equalling an equity value of EUR 30 million. Network Corporate Finance exclusively advised Varian Medical Systems in connection with the transaction.
Varian Medical Systems, Inc., Palo Alto, California, with revenues of USD 3.0 bn. in 2014, is a world leading manufacturer of medical devices and software for treating cancer and other medical conditions with radiotherapy, radiosurgery, and brachytherapy. Varian is a premier supplier of tubes and digital detectors for X-ray imaging in medical, scientific, and industrial applications and also supplies high-energy X-ray devices for cargo screening and non-destructive testing applications. The company employs approximately 6,800 people located at manufacturing sites in North America, Europe, and China and approximately 70 sales and support offices around the world.
For additional information on Varian Medical Systems: www.varian.com