Landauer, a provider of personal and environmental radiation monitoring services, has acquired all outstanding equity interests of US-based IZI Medical Products for around $93m.
IZI Medical develops quality medical consumable accessories used in radiology, radiation therapy, and image-guided surgery procedures.
Go deeper with GlobalData
The purchasing is done through refinancing of Landauer’s existing debt with a new $175m revolving debt facility with a term of five years.
IZI Medical Products CEO Helen Shafer said that IZI Medical expands Landauer’s addressable market opportunities in both the US and international markets.
Landauer president and CEO Bill Saxelby added, "The acquisition is an excellent strategic fit and enhances our radiation safety continuum offering."
See Also:
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
