Thermedics buys Erich Jaeger to raise European presence
This article was originally published in Clinica
Thermedics has bought the German company, Erich Jaeger, for approximately $42 million including payment of debt. The acquisition gives Woburn, Massachusetts-based Thermedics a company with interests in five markets: lung-function diagnosis and monitoring; cardio-respiratory diagnosis and monitoring; electrophysiology; sleep disorder diagnosis; and online patient information software. Erich Jaeger is a private company which had sales of around $42 million last year.
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