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| Acquiring Party | SunTech Medical Group Limited, a manufacturer of motion-tolerant, non-invasive blood pressure monitoring products. |
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| Transferring Party | Oakfield Instruments Limited, UK-based manufacturer and distributor of gastrointestinal pressure, pH monitoring equipment and urology products. |
| Sector | Diagnostics |
| Date | March 21, 2006 |
| Analysis Furthers SunTech's plans to grow into a focused medical diagnostics business.The financial investment and managerial support will enable Oakfield to accelerate its existing product development plans, enhance its marketing efforts and extend its current export activities. Terms not disclosed. | |
The Walden Group is a leading healthcare investment banking firm specializing in mergers, acquisitions and strategic transactions. It also invests its own funds and, together with its expert operational partners, provides value-added services to help special companies reach critical milestones. This information is copyright © 2004-2007 The Walden Group, Inc. This information is provided as a service to the public but remains the intellectual property of The Walden Group, Inc and may not be reproduced in any manner without the written permission of The Walden Group, Inc. The information contained in the transactions table was derived from publicly available and other sources. Transaction analysis and other information are based, in part, upon public comments, Walden Group research and judgments, and reporting and research of others. The information is not intended to be relied upon as pronouncements by the transaction participants or for any other reason. | |