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In Brief: Trex Medical

This article was originally published in The Gray Sheet

Executive Summary

Trex Medical: Mammography and needle-biopsy system manufacturer acquires Continental X-Ray Corporation for $19.3 mil., including $6.2 mil. in debt. Broadview, Illinois-based Continental generated $25 mil. in sales in 1995. The company markets a variety of x-ray systems, including radiographic/fluoroscopic systems for gastrointestinal imaging and electrophysiology products for diagnosing cardiac arrhythmia. Trex says Continental is a "perfect fit" with its other imaging companies, noting that Continental's DigiSpot 2000 system "brings digital RF to Trex Medical's expanding X-ray business" while Continental's electrophysiology line "addresses another growing segment in the medical imaging market"...

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