Viasys buys Oxford Instruments Medical
This article was originally published in The Gray Sheet
Executive Summary
Conshohocken, Penn. firm purchases electromyography (EMG) equipment and neurosupplies (EMG needles) maker Oxford for approximately $46 mil., the firms announce March 1. The deal allows Viasys to offer its hospital and physician-office customers a more comprehensive portfolio of single and multi-modality solutions, according to NeuroCare Group President Lori Cross. Oxford also manufactures obstetrics and cardiology products. Viasys, which recorded roughly flat sales of $393.2 mil. in 2004, has been looking to spur revenue growth via small- to medium-scale med-tech acquisitions (1"The Gray Sheet" Feb. 23, 2004, p. 16)...