Swedish radiation oncology firm Elekta of Stockholm has inked a deal to buy 80% of the equity of Chinese radiation therapy equipment supplier BMEI.
Elekta will pay $20 million (U.S.) in cash for the stake in Changping-based BMEI, which has an installed base of around 260 units and annual revenue of around $9 million.
The deal is contingent upon approval from the Chinese Ministry of Commerce and other closing conditions.
By AuntMinnie.com staff writers
March 31, 2006
Related Reading
Elekta gets Polish Synergy install, March 15, 2006
Elekta inks MedAssets deal, February 16, 2006
Elekta adds Hong Kong install, January 27, 2006
Elekta brings gamma knife to Vietnam, December 13, 2005
Copyright © 2006 AuntMinnie.com
