Agfa inks Italian deal to divest healthcare IT div

Agfa-Gevaert and Dedalus Holding have signed a share purchase agreement for the part of the Belgian company’s healthcare IT business that’s up for sale. The parties started exclusive negotiations at the beginning of December. Under the resulting agreement, the Italian industrial group acquires 100 percent of the shares at an enterprise value of 975 million euros, subject to regular working capital and net debt adjustments.

The business to be sold consists of Agfa’s healthcare information solutions and integrated care activities, as well as the imaging IT activities to the extent that these are tightly integrated into the healthcare information solutions activities. This is the case mainly in Germany, Austria, Switzerland, France and Brazil. The aim is to close the transaction in the course of Q2 2020.