M&A Deal Summary

Richardson Electronics Acquires International Medical Equipment & Service

On June 16, 2015, Richardson Electronics acquired medical products company International Medical Equipment & Service

Acquisition Highlights
  • This is Richardson Electronics’ 1st transaction in the Medical Products sector.
  • This is Richardson Electronics’ 1st transaction in the United States.
  • This is Richardson Electronics’ 1st transaction in South Carolina.

M&A Deal Summary

Date 2015-06-16
Target International Medical Equipment & Service
Sector Medical Products
Buyer(s) Richardson Electronics
Deal Type Add-on Acquisition

Target

International Medical Equipment & Service

Fort Mill, South Carolina, United States
International Medical Equipment & Service, Inc. is a provider of reliable, cost-saving solutions worldwide for major brands of CT and MRI equipment.

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Buyer(S) 1

Buyer

Richardson Electronics

LaFox, Illinois, United States

Category Company
Founded 1947
Sector Electronics
Employees407
Revenue 196M USD (2024)
DESCRIPTION

Richardson Electronics is a provider of engineered solutions, power grid and microwave tubes and related consumables; high value displays, flat panel solutions and replacement parts for diagnostic imaging equipment; and customized display solutions. Richardson Electronics was founded in 1947 and is based in LaFox, Illinois.


DEAL STATS #
Overall 1 of 1
Sector (Medical Products) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (South Carolina) 1 of 1
Country (United States) 1 of 1
Year (2015) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-10-01 Richardson Electronics - Wireless and Power Division

United States

Wireless and Power Division is a component distributor and provider of engineered solutions serving the global radio frequency ("RF") and wireless communications market.

Sell -