Mergers & Acquisitions
Encore Medical acquires Cefar AB of Sweden
Published in Women's Health Weekly, December 7th, 2006
Encore plans to merge its European electrotherapy subsidiary, Compex SA, with Cefar, creating the largest electrotherapy company in the world outside of the United States. The transaction became effective on November 7, 2006. Terms were not disclosed.
Ken Davidson, the chief executive officer of Encore Medical, said, "Cefar is an excellent strategic addition to our electrotherapy business. They bring a great capacity for medical innovation and market expansion, and an outstanding European management team. We...
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