M&A Deal Summary

Barco Acquires FIMI s.r.l.

On December 31, 2009, Barco acquired medical products company FIMI s.r.l. from Philips for 29M EUR

Acquisition Highlights
  • This is Barco’s 1st transaction in the Medical Products sector.
  • This is Barco’s 2nd largest (disclosed) transaction.
  • This is Barco’s 1st transaction in Italy.

M&A Deal Summary

Date 2009-12-31
Target FIMI s.r.l.
Sector Medical Products
Buyer(s) Barco
Sellers(s) Philips
Deal Type Divestiture
Deal Value 29M EUR

Target

FIMI s.r.l.

Saronno, Italy
FIMI s.r.l. is a provider of dedicated modality monitors, patient monitoring and mobile point of care devices.

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Buyer(S) 1

Buyer

Barco

Kortrijk, Belgium

Category Company
Founded 1934
Sector Technology Hardware
Employees3,199
Revenue 947M EUR (2024)
DESCRIPTION

Barco is a provider of various core activities in image processing: large screen displays, display devices for application in life-critical situations and systems for visual inspection and quality control. Barco was incorporated in 1934 and is based in Kortrijk, Belgium.


DEAL STATS #
Overall 5 of 13
Sector: Medical Products M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Italy M&A 1 of 1
Year: 2009 M&A 1 of 1
Size (of disclosed) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-06-10 High End Systems

Austin, Texas, United States

High End Systems, Inc. is a lighting products and control systems that illuminate some of the biggest artists on the largest stages, as well as film and television studios, cruise ships, corporate events, theme parks, churches, restaurants and retail spaces. High End Systems, Inc. is headquartered in Austin, Texas.

Buy $55M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-03-17 Element Labs

Austin, Texas, United States

Element Labs, Inc. is a designs, manufactures and support of LED video technology for the entertainment, architectural, and signage industries.

Buy -

Seller(S) 1

SELLER

Philips

Amsterdam, Netherlands

Category Company
Founded 1891
Sector Consumer Products
Employees67,263
Revenue 18.0B EUR (2024)
DESCRIPTION
Philips office building in Prague, Czech Republic.
Philips office building in Prague, Czech Republic.

Philips is a diversified health and well-being company with products that include cardiac care, acute care and home healthcare, oral healthcare, and male shaving and grooming. Philips was founded in 1891 and is based in Amsterdam, Netherlands.


DEAL STATS #
Overall 8 of 17
Sector: Medical Products M&A 1 of 2
Type: Divestiture M&A Deals 6 of 14
Country: Italy M&A 1 of 1
Year: 2009 M&A 1 of 1
Size (of disclosed) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-07-01 Saeco International Group

Gaggio Montano, Italy

Saeco is the leading European automatic espresso coffee machines manufacturer. Saeco designs, manufactures and distributes espresso coffee machines (manual or automatic) for home and professional use both under its own brands ('Saeco', 'Gaggia' and 'Spidem') and on behalf of third party.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-03-17 Sopho Business Communications

Sao Paulo, Brazil

Sopho is a preferred supplier for enterprise business solutions for the primary telecommunication operators throughout Brazil, including Telefonica, Telmex, and CTBC. Sopho is also a value-added distributor of 3Com and IBM Internet Protocol (IP) telephony products and Microsoft Office Communications Server, a Unified Communications solution providing presence, instant messaging, unified conferencing and enterprise voice solutions. Sopho was named the first Microsoft Gold Certified Partner in Brazil in September 2009 and is now offering these integrated voice and data solutions to its loyal customer base as a means to drive business productivity and reduce infrastructure costs.

Sell -