Edition:
India

Ambu buys Invendo Medical for EUR 225 million


Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - AMBU A/S ::REG-AMBU ACQUIRES INVENDO MEDICAL AND ENTERS MARKET OF 70 MILLION GASTRO PROCEDURES ANNUALLY.‍PURCHASE PRICE OF EUR 225 MILLION INCLUDES CONTINGENT PAYMENTS OF UP TO EUR 110 MILLION.​.‍IMPACT FROM ACQUISITION TO AMBU'S 2017/18 GUIDANCE IS MINIMAL.​.‍EBIT-MARGIN WAS EXPECTED AT INTERVAL 20-21% AND IS NOW EXPECTED AROUND 20%.​.‍FREE CASH FLOW BEFORE ACQUISITIONS WAS EXPECTED OF DKK 275-300 MILLION AND IS NOW EXPECTED AT AROUND DKK 275 MILLION​. 

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