中国国际医疗器械设计与制造技术展览会(Medtec China)2018

Dedicated to design & manufacturing for medical device

26-28 September 2018 | Shanghai,China

Mergers & Acquisitions

Innovatus closes buyout of Bayer’s European imaging device service biz

2018-03-09

Innovatus Imaging said yesterday it closed its acquisition of the European Bayer Multi Vendor Service business.

Pittsburgh, Penn.-based Innovatus said that as part of the acquisition, the business will now operate under the moniker Innovatus Imaging Europe B.V.

“The acquisition of the European Bayer MVS business and its team’s extensive expertise is the next step in our long-term strategic goal of continued growth,” CEO Dennis Wulf said in a press release.

Innovatus Imaging was formed last September after one of private equity firm Resilience Capital Partners’s funds acquired medical device service and manufacturing units from Bayer MVS, Westco and MD Medtech. Financial details of the acquisition were not released.

The company said it is certified to repair ultrasound transducers, MRI coils, CR systems, dry film printers and digital radiography solutions.

From:medicaldesignandoutsourcing