Acquisition of Maquet approved by the German competition authorities
The acquisition of the shares of
the German group Maquet AG, a subsidiary of RWE AG (Rheinisch
Westfälisches Elektrizitätswerk) which was announced by Getinge
on 17 November 2000, was conditional upon approval by the German
competition authorities and formal approval by RWE’s board
of directors.
Today Getinge Industrier announces
that the acquisition has been approved both by the Federal Cartel
Office (Bundeskartellamt) and the board of directors of RWE. The
two conditions for the acquisition have thus been fulfilled.
Maquet is the world leader in
surgical tables with a 30% share of the world market and with a
well established brand name, synonymous with innovative strength
and quality for more than a century. Maquet will make up the
foundation of Getinge’s new business area Surgical
Systems.
Getinge, 12 December 2000
Johan Malmquist
President and CEO
Getinge Industrier is
a medical-technical Group and a world leader in the fields of
health care, the pharmaceutical industry and laboratories, as
well as hygiene, lifting and antidecubitus systems for hospitals
and extended care. In 1999, before the acquisition of the shares
of7 Maquet, the Getinge Group had sales of SEK 4.885 million and
3,800 employees.
GETINGE INDUSTRIER AB (publ.)
Phone +46 35 15 55 00
VAT No SE556408503201
P.O. Box 69
Fax +46 35 549 52
Org.No. 556408-5032
SE-310 44 GETINGE
www.getinge.com
Registered office: Halmstad Sweden
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