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Del buys Villa Sistemi Medicali
X-ray manufacturer Del Global Technologies has purchased a 19% stake in Milan-based Villa Sistemi Medicali, and has obtained an exclusive option to increase its ownership interest to 80% of the company’s capital stock. Villa Sistemi produces
X-ray manufacturer Del Global Technologies has purchased a 19% stake in Milan-based Villa Sistemi Medicali, and has obtained an exclusive option to increase its ownership interest to 80% of the companys capital stock. Villa Sistemi produces radiographic/fluoroscopic technology, including portable and dental imaging systems. It has annual sales of approximately $20 million.
The move is part of Valhalla, NY-based Dels efforts to extend its reach as a supplier of medical imaging equipment worldwide. Del has been pursuing potential acquisitions, both in the U.S. and internationally, as the company seeks to expand (SCAN 2/17/99). The firms last purchase was in 1998, when it bought the x-ray assets of Acoma Medical Imaging of Wheeling, IL, for $1.4 million over three years (SCAN 12/16/98). That deal brought Del into the R/F market for the first time by giving it access to a cost-effective system manufactured by Acoma.
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