Add-on Acquisition • Medical Products

Faxitron X-Ray Acquires Precision X-ray

On July 2, 2018, Faxitron X-Ray acquired medical products company Precision X-ray

Acquisition Context
  • This is Faxitron X-Ray’s 1st transaction in the Medical Products sector.
  • This is Faxitron X-Ray’s 1st transaction in the United States.
  • This is Faxitron X-Ray’s 1st transaction in Connecticut.

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M&A Deal Summary

Date July 2, 2018
Target Precision X-ray
Sector Medical Products
Buyer(s) Faxitron X-Ray
Deal Type Add-on Acquisition

Target Company

Precision X-ray

North Branford, Connecticut, United States
Precision X-ray, Inc. is a provider of high output X-Ray irradiators used in modern biological research. It is the company’s mission to continually develop X-ray systems that help researchers better understand radiation induced effects in the sciences of molecular biology and cancer research. Precision X-ray was founded in 2003 and is based in North Branford, Connecticut.
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Buyer Overview 1

Buyer

Faxitron X-Ray

Lincolnshire, Illinois, United States

Category Company
Sector Medical Products
DESCRIPTION

Faxitron X-Ray LLC is the global leader in cabinet x-ray systems for specimen radiography, research, and NDT applications. With an installed base of over 6,000 systems in medical facilities and scientific and industrial laboratories around the world, Faxitron is the industry standard in cabinet x-ray. For more than 30 years, Faxitron has defined cabinet x-ray by developing innovative products to meet the evolving needs of our customers. From film to the latest in digital imaging technology, our focus on quality and ease-of-use continues to earn the trust and repeat business of our customers.


Deal Context for Buyer #
Overall 1 of 1
Sector: Medical Products 1 of 1
Type: Add-on Acquisition 1 of 1
State: Connecticut 1 of 1
Country: United States 1 of 1
Year: 2018 1 of 1