Instrumentarium Corp.
This article was originally published in The Gray Sheet
Executive Summary
Helsinki, Finland-based company reaches a basic agreement with Swedish firm Gambro AB under which Instrumentarium will acquire Gambro's anaesthesia and intensive care business. The business being acquired is comprised of the Gambro Engstrom AB, Engstrom Elektromedizin GmbH, Soxil SpA, and Engstrom MIE Ltd. divisions, based in Sweden, Germany, Italy, and the U.K., respectively. The four businesses had combined 1993 sales of approximately $58 mil., according to Instrumentarium. Instrumentarium says the acquisition will "particularly strengthen" its Datex division in the areas of anaesthesia and critical care equipment, where there is "a strong trend towards integration of patient monitoring, anaesthesia delivery and information management." Datex posted 1993 sales of about $100 mil