FRESENIUS AG'S ACQUISITION OF NMC WOULD PROVIDE EXPANDED DIALYSIS CUSTOMER BASE FOR FRESENIUS USA; GRACE SEES $150 MIL. IN POTENTIAL COST SAVINGS
This article was originally published in The Gray Sheet
Executive Summary
Fresenius USA's recently expanded manufacturing plant in Utah would gain a significant new sales channel through the acquisition by its German parent company, Fresenius AG, of W.R. Grace's National Medical Care unit. Under terms of a definitive agreement announced Feb. 4, Fresenius AG would acquire 55% of NMC in return for $2.3 bil. in cash.
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