SIMS $150 MIL ACQUISITION OF DELTEC FROM PHARMACIA
This article was originally published in The Gray Sheet
Executive Summary
SIMS $150 MIL ACQUISITION OF DELTEC FROM PHARMACIA gives Smiths Industries Medical Systems a firmer foothold in the home health care market, the firm says. The acquisition was completed in July, and Deltec is now doing business as SIMS Deltec, an operating company of SIMS. Deltec officials say no substantive changes are foreseen in the operation of their company as a result of the acquisition.