Agfa Gevaert Anticipates multiple bids for healthcare IT Apparatus: sources


FRANKFURT (Reuters) – Belgian electronic imaging company Agfa Gevaert (AGFB.BR) anticipates supplies from competitions and private equity firms since it opens an auction of its own health it firm on Tuesday, people near the subject said.

Agfa had announced plans to split the healthcare IT tasks as an standalone legal thing in 20 17 and began the process this season since it looks to streamline operations, ” the sources told Reuters.

Most widely known for consumers because of its own photographic services and products, Agfa has transformed itself in recent years as being a supplier to the printing business and healthcare industry, providing services and products for famous brands radiology imaging and published electronic equipment.

Private equity classes like KKR (KKR.N), Permira and Advent can additionally turn in devastating offers, the sources included.

Agfa and also the possible bidders declined to comment or are not immediately available for comment.

The business this season called Klaus Roehrig, creator of activist investment finance Lively Ownership, as its new chairman.

Active Ownership, that generated headlines 2017 for pressuring German drug maker Stada to a selling into private equity, also holds 13.4percent of Agfa’s stocks and it has said it supports the provider’s plan, for example, selling of their healthcare IT firm.

Core earnings of this machine climbed 35 percent to 29 million euros from the first half this calendar year, helped by strong sales increase and costcutting measures, Agfa said in its own half-year report.


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