M&A Deal Summary

Sisram Medical Acquires PhotonMed

On July 3, 2023, Sisram Medical acquired distribution company PhotonMed for 40M USD

Acquisition Highlights
  • This is Sisram Medical’s 1st transaction in the Distribution sector.
  • This is Sisram Medical’s largest (disclosed) transaction.
  • This is Sisram Medical’s 1st transaction in China.

M&A Deal Summary

Date 2023-07-03
Target PhotonMed
Sector Distribution
Buyer(s) Sisram Medical
Deal Type Add-on Acquisition
Deal Value 40M USD

Target

PhotonMed

Hong Kong, China
PhotonMed is a distributor of israel's alma beauty in hong kong & macau. With all the clinical cases all-round aesthetic equipment are the latest products of alma lasers' technology. PhotonMed was founded in 1999 and is based in Hong Kong, China.

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Buyer(S) 1

Buyer

Sisram Medical

Caesarea, Israel

Category Company
Founded 2013
Sector Medical Products
Employees1,063
Revenue 359M USD (2023)
DESCRIPTION

Sisram Medical is a global consumer wellness group, featuring a first-of-its-kind synergistic ecosystem of business building blocks and consumer-focused branding, ranging from Energy Based Devices, injectables, aesthetics and digital dentistry, personal care and more. Sisram Medical was founded in 2013 and is based in Caesarea, Israel.


DEAL STATS #
Overall 1 of 1
Sector (Distribution) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (China) 1 of 1
Year (2023) 1 of 1
Size (of disclosed) 1 of 1