Extract from M&A Insights

The below story was originally featured in our daily M&A Insights Newsletter. Selected stories, including this one, are posted to our website with some weeks of delay.
Arjo to divest medical beds business to Chinese CBL Group
October 18, 2018

Arjo, a market-leading supplier of medical devices and solutions, has divested Acare Medical, the group’s low-spec medical beds business, to China-based CBL Group. Arjo acquired the Chinese company Acare Medical Science Ltd. in 2012 to expand its presence in emerging markets. The divestment encompasses a production and sales unit in Zhuhai, China, that has 186 employees and generated sales of about SEK 80m in 2017.

ⓘ This story was originally featured in our daily M&A Insights newsletter.
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