News

Kanteron Systems Expresses Interest in the Leveraged Buyout of Agfa

Spanish open-source startup, Kanteron Systems explores buying out European multinational Agfa.

Valencia, Spain, September 12, 2018 --(PR.com)-- Kanteron Systems confirms it has sent the Board of Directors of Agfa-Gevaert NV a non-binding indication of interest for the acquisition of all shares in Agfa-Gevaert NV by way of a voluntary conditional public takeover offer of Kanteron Systems to all shareholders of Agfa-Gevaert NV.

�Agfa Healthcare business unit revenues have been stagnant in the last few years. However, a deal with Kanteron would allow Agfa to tap into our leading-edge technology, particularly in Pathology and Genomics, enabling Agfa to take the lead in the new Clinical Information Systems for Precision Medicine market, which is a huge and disruptive long-term growth opportunity,� commented Jorge Cortell, Kanteron Systems� CEO. �Some of Agfa�s largest international distributors have already signed up with Kanteron Systems. It�s time we give the whole Agfa family access to our innovative technology.�

The communications between the companies are at an early stage, therefore, there is no certainty as to whether, and under which conditions, Kanteron Systems may make a public tender offer to the shareholders of Agfa-Gevaert NV.

Let's block ads! (Why?)

To Top