Acquisitions · Medical devices
Nissha Printing to buy 97.1% of Buffalo medical device maker Graphic Controls
- Buyer
- Nissha Printing (via Nissha Medical International) (Kyoto)
- Target
- Graphic Controls Holdings, Buffalo, New York
- Value
- About ¥15.18B including fees, for 97.1%
- Status
- Agreed on August 5, 2016; completion was planned for late August 2016.
- Date
- 2016-08-05
Nissha Printing agreed to buy 97.1% of Graphic Controls Holdings, a medical device maker based in Buffalo, New York, from WestView Capital Partners. The cost was about ¥15.18 billion including fees.
Why it matters
The purchase moves Nissha into medical devices, a business it aims to grow beyond its printing and touch-panel roots.
Sources
Kakehashi M&A News home
