The German Bundeskartellamt cleared a merger in the medical equipment market subject to remedies (Smiths Group / MedVest)

The operation On 24 January 2005, the UK company Smiths Group plc (“Smiths”) notified the Bundeskartellamt of its proposed acquisition of the entire share capital of MedVest Holdings Corp., USA (“MedVest”). In the course of the transaction it was planned that MedVest would merge with a newly founded subsidiary of Smiths (Medical Holdco), making MedVest a wholly owned subsidiary of Smiths. Smiths is a global technology group. Medical equipment is one of its major areas of business. MedVest is the controlling company of Medex Group, an international producer of medical equipment, including equipment for artificial respiration,

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Jonas S. Brueckner, The German Bundeskartellamt cleared a merger in the medical equipment market subject to remedies (Smiths Group / MedVest), 15 March 2005, e-Competitions March 2005, Art. N° 20768

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