Publications
Partners
Cape Town - Ascendis announced the 100% acquisition of specialist medical devices company Respiratory Care Africa for R 145m in a cash and shares deal.
“RCA will strengthen our existing Pharma Med division through complementary synergies with Surgical Innovations, our existing medical device business, allowing us to become a leading provider of medical devices throughout South Africa and also abroad,” said Group CEO Dr Karsten Wellner.
RCA is a 15-year old medical device business which distributes and services a range of capital equipment and related surgical consumables, specialising in critical care.
They hold key agencies for medical equipment catering to the intensive care unit, neonatal intensive care unit and the operating theatre.
The company employs over 100 highly trained staff achieving compound annual revenue growth of circa 18% over the last five years.
The business is also well positioned to expand into sub-Saharan markets with activities already in Botswana, Namibia, Mozambique, Zimbabwe and Malawi.
“RCA will strengthen our existing Pharma Med division through complementary synergies with Surgical Innovations, our existing medical device business, allowing us to become a leading provider of medical devices throughout South Africa and also abroad,” said Group CEO Dr Karsten Wellner.
RCA is a 15-year old medical device business which distributes and services a range of capital equipment and related surgical consumables, specialising in critical care.
They hold key agencies for medical equipment catering to the intensive care unit, neonatal intensive care unit and the operating theatre.
The company employs over 100 highly trained staff achieving compound annual revenue growth of circa 18% over the last five years.
The business is also well positioned to expand into sub-Saharan markets with activities already in Botswana, Namibia, Mozambique, Zimbabwe and Malawi.
