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ARSEUS MEDICAL STRENGTHENS MARKET POSITION IN BELGIUM AND THE NETHERLANDS
Waregem (Belgium), 30 September 2009 - Arseus has completed the acquisition of Duo-Med, a leading supplier of innovative medical technology to hospitals in the Benelux. Duo-Med realised turnover of approximately 6 million in 2008, with a double digit EBITDA margin.
The acquisition will make a positive contribution to Arseus Medical's profitability.
The acquisition of Duo-Med is consistent with Arseus Medical's strategy of focusing on offering highly distinctive medical products with substantial added value. Duo-Med specialises in niche products used in open and …