News | Ultrasound Imaging | April 30, 2018

Biomedical equipment company’s share capital purchased by consortium of Chinese investors

Esaote Change of Ownership Completed

April 30, 2018 — The acquisition of biomedical equipment company Esaote SpA’s share capital was completed on April 19, the company recently announced, by a consortium of leading Chinese investors. The consortium is composed of major companies in the medical and healthcare technology sectors, as well as investment funds with significant experience in this field.

As a result of this change in ownership, Esaote said it will be in a stronger position and have the opportunity to accelerate its development plans, and in particular its growth projects in China. In addition to its current worldwide presence, Esaote said it will also benefit from the widespread distribution networks of the new shareholders, and from the distribution of the consortium’s main products in the international markets in which Esaote operates.

The consortium is composed of:

  • Private equity fund Yufeng Capital;
  • Wandong, China’s largest listed medical equipment manufacturer;
  • Shanghai FTZ Fund, China’s first Free Trade Zone fund;
  • Tianyi, an investment group focused on the healthcare sector;
  • Yuyue, the holding company of the largest homecare medical equipment manufacturer in China; and
  • Kangda, OEM manufacturer and distributor of medical imaging equipment.

Under the agreement — whose terms and conditions remain as announced on Dec. 7, 2017 — Esaote will continue to operate as an independent international company, with its headquarters in Genoa, Italy, and research and development and production centers in Italy and the Netherlands.

For more information: www.esaote.com

 


Related Content

Feature | Computed Tomography (CT) | By Melinda Taschetta-Millane

In the ever-evolving landscape of medical imaging, computed tomography (CT) stands out as a cornerstone technology ...

Time July 30, 2024
arrow
News | Breast Imaging

July 29, 2024 — iCAD, Inc., a global leader in clinically proven AI-powered cancer detection solutions, announced a ...

Time July 29, 2024
arrow
News | Artificial Intelligence

July 26, 2024 — GE HealthCare and Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company, announced a strategic ...

Time July 26, 2024
arrow
Feature | Mobile C-Arms | By Melinda Taschetta-Millane

Mobile C-arms continue to revolutionize medical imaging, offering versatility, mobility and real-time visualization ...

Time July 26, 2024
arrow
News | Radiology Business

July 25, 2024 — Immunis, Inc., a clinical-stage biotech developing groundbreaking secretome therapeutics for age and ...

Time July 25, 2024
arrow
Videos | Information Technology

Industry trade shows and conferences seem to be making their comeback in 2024. And the Healthcare Information and ...

Time July 25, 2024
arrow
News | Digital Pathology

July 24, 2024 — Proscia, a developer of artificial intelligence (AI)-enabled digital pathology solutions for precision ...

Time July 24, 2024
arrow
News | RSNA

July 23, 2024 — Professional registration is open for RSNA 2024, the world’s largest radiology forum. This year’s theme ...

Time July 23, 2024
arrow
News | Artificial Intelligence

July 23, 2024 — Researchers at the National Institutes of Health (NIH) found that an artificial intelligence (AI) model ...

Time July 23, 2024
arrow
News | Artificial Intelligence

July 22, 2024 — Healthcare artificial intelligence (AI) systems provider, Qure.ai, has announced its receipt of a Class ...

Time July 22, 2024
arrow
Subscribe Now