M&A Deal Summary

Paragon Care Acquires Western Biomedical Pty

On October 15, 2015, Paragon Care acquired medical products company Western Biomedical Pty

Acquisition Highlights
  • This is Paragon Care’s 3rd transaction in the Medical Products sector.
  • This is Paragon Care’s 4th transaction in Australia.

M&A Deal Summary

Date 2015-10-15
Target Western Biomedical Pty
Sector Medical Products
Buyer(s) Paragon Care
Deal Type Add-on Acquisition

Target

Western Biomedical Pty

Osborne Park, Australia
Western Biomedical Pty Ltd. is a supplier of medical and surgical supplies to hospitals and specialists in Western Australia.

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Buyer(S) 1

Buyer

Paragon Care

Mt Waverley, Australia

Category Company
Founded 1994
Sector Distribution
Employees400
Revenue 3.0B AUD (2024)
DESCRIPTION

Paragon Care is a provider of integrated services to australia’s health and aged care markets. Paragon Care has seven operating businesses: Axishealth, Iona Medical, Volker Australia, Rapini, GM Medical, Richards Medical, LR Instruments and Scanmedics who combined supply distributes medical equipment, consumable medical products and medical devices to hospitals, medical centres and aged care facilities. Paragon Care was founded in 1994 and is based in Mt Waverley, Australia.


DEAL STATS #
Overall 4 of 6
Sector: Medical Products M&A 3 of 4
Type: Add-on Acquisition M&A Deals 4 of 6
Country: Australia M&A 4 of 6
Year: 2015 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-09 Designs For Vision Pty

Camperdown, Australia

Designs For Vision Pty Ltd. is a provider of medical and para-medical disciplines. Designs For Vision Pty Ltd. was established in 1978 and is headquartered in Camperdown, Australia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-13 Electro Medical Group Pty

Belmont, Australia

Electro Medical Group Pty Ltd. is a provider of equipment maintenance and repair services for medical and scientific sectors. Electro Medical Group Pty Ltd. was established in 2003 and is headquartered in Belmont, Australia.

Buy $4M