IN BRIEF: Halma buys Dutch, Swedish med-tech firms for USD70 million

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Halma PLC - Amersham, England-based safety products manufacturer - Makes two acquisitions for its Healthcare Sector businesses SSG and IZI Medical. Halma buys itemedical BV for the SSG division, paying EUR23 million in cash. itemedical is a Geldermalsen, Netherlands-based medical software and alarms provider with EUR7.8 million in annual revenue. Halma also buys Naslund Medical AB, a Swedish provider of technology supporting cancer treatment. Its core product, Gold Anchor, enables precise targeting of tumours during radiation treatment. Halma pays USD45 million in cash for Naslund Medical, which has USD9.2 million in annual revenue and will be added to the IZI Medical division. "These acquisitions strengthen our existing companies by adding complementary capabilities in markets they know well, supporting their long-term growth while enabling improved patient outcomes," comments Halma Chief Executive Marc Ronchetti.

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