M&A Deal Summary

Sumitomo Acquires CompuMed

On June 19, 2024, Sumitomo acquired business services company CompuMed

Acquisition Highlights
  • This is Sumitomo’s 2nd transaction in the Business Services sector.
  • This is Sumitomo’s 1st transaction in Malaysia.

M&A Deal Summary

Date 2024-06-19
Target CompuMed
Sector Business Services
Buyer(s) Sumitomo
Deal Type Add-on Acquisition

Target

CompuMed

Kuala Lumpur, Malaysia
CompuMed is a managed care company that provides services tailored to the needs of private health insurance companies and corporations. CompuMed was formed in 1998 and is based in Kuala Lumpur, Malaysia.

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Buyer(S) 1

Buyer

Sumitomo

Tokyo, Japan

Category Company
Founded 1919
Sector Distribution
Employees74,920
Revenue 5.50T JPY (2022)
DESCRIPTION

Sumitomo is a global network and based on trust from companies in various industries and from consumers, Sumitomo Corporation engages in multifaceted business activities by making the most of its Integrated Corporate Strength. These business activities include sales of a variety of products and services within Japan, import and export, trilateral trade, and domestic and international business investment. Sumitomo was founded in 1919 and is based in Tokyo, Japan.


DEAL STATS #
Overall 42 of 45
Sector (Business Services) 2 of 2
Type (Add-on Acquisition) 21 of 23
Country (Malaysia) 1 of 1
Year (2024) 2 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-04-18 Bio Insumos Nativa

Maule, Chile

Bio Insumos Nativa is a biocontrol manufacturing company that supplies biocontrol products handled by Summit Agro South America. Bio Insumos Nativa was formed in 2002 and is based in Maule, Chile.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-06-21 Naturevo

Bucharest, Romania

Naturevo is a distributor of agricultural inputs. Naturevo was formed in 1999 and is based in Bucharest, Romania.

Buy -