{"id":74695,"date":"2020-01-08T17:05:09","date_gmt":"2020-01-08T15:05:09","guid":{"rendered":"http:\/\/www.reunion68.se\/?p=74695"},"modified":"2020-01-01T10:49:40","modified_gmt":"2020-01-01T08:49:40","slug":"28-05-46","status":"publish","type":"post","link":"https:\/\/www.reunion68.se\/?p=74695","title":{"rendered":"Medical-device firm Lumenis to be sold for $1.2b"},"content":{"rendered":"
\"\"<\/a>Medical-device firm Lumenis to be sold for $1.2b<\/a><\/strong><\/span><\/h5>\n

Abigail Klein Leichman<\/strong><\/span><\/p>\n

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Baring Private Equity Asia to acquire Israeli maker of energy-based medical devices for aesthetics, urology, ophthalmology, ENT and gynecology.<\/strong><\/p>\n

Photo courtesy of Lumenis<\/strong><\/span><\/em><\/span><\/p>\n

Israeli medical-device pioneer  Lumenis<\/a><\/strong><\/span> will be acquired by Hong Kong-based Baring Private Equity Asia (BPEA). The transaction values Lumenis at an enterprise value of over $1 billion; the deal has been reported worth $1.2 billion.<\/span><\/p>\n

If it passes the customary regulatory approval process, this will be one of the 15 biggest acquisitions<\/a><\/strong><\/span> in Israeli history.<\/span><\/p>\n

Founded in 1966, Lumenis is a global leader in minimally invasive medical devices for the aesthetic, surgical and ophthalmology specialties using energy technologies<\/strong><\/span><\/a> including laser, intense pulsed light (IPL) and radio frequency (RF).<\/span><\/p>\n

Headquartered in Yokne\u2019am with offices in more than 100 countries, and close to 1,500 employees, Lumenis was acquired for $510 million by the London-based XIO Group investment firm in 2015. The Asia Pacific region is its largest market.<\/span><\/p>\n

\u201cIn recent years, we have developed and introduced multiple groundbreaking technological solutions that have redefined our industry and opened entirely new market segments,\u201d said Tzipi Ozer-Armon, CEO of Lumenis.<\/span><\/p>\n

\u201cWe look forward to partnering with the team at BPEA to continue developing and delivering to the world better technology for better patient care,\u201d she said.<\/span><\/p>\n

The transaction is expected to be completed in early 2020<\/span><\/p>\n

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Medical-device firm Lumenis to be sold for $1.2b Abigail Klein Leichman Baring Private Equity Asia to acquire Israeli maker of energy-based medical devices for aesthetics, urology, ophthalmology, ENT and gynecology. Photo courtesy of Lumenis Israeli medical-device pioneer  Lumenis will be acquired by Hong Kong-based Baring Private Equity Asia (BPEA). The transaction values Lumenis at an enterprise […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[6],"tags":[26,24],"_links":{"self":[{"href":"https:\/\/www.reunion68.se\/index.php?rest_route=\/wp\/v2\/posts\/74695"}],"collection":[{"href":"https:\/\/www.reunion68.se\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.reunion68.se\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.reunion68.se\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.reunion68.se\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=74695"}],"version-history":[{"count":3,"href":"https:\/\/www.reunion68.se\/index.php?rest_route=\/wp\/v2\/posts\/74695\/revisions"}],"predecessor-version":[{"id":74816,"href":"https:\/\/www.reunion68.se\/index.php?rest_route=\/wp\/v2\/posts\/74695\/revisions\/74816"}],"wp:attachment":[{"href":"https:\/\/www.reunion68.se\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=74695"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.reunion68.se\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=74695"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.reunion68.se\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=74695"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}