M&A Deal Summary

Varian Medical Systems Acquires Candela Sp. z o.o.

On September 7, 2016, Varian Medical Systems acquired distribution company Candela Sp. z o.o.

Acquisition Highlights
  • This is Varian Medical Systems’ 1st transaction in the Distribution sector.
  • This is Varian Medical Systems’ 1st transaction in Poland.

M&A Deal Summary

Date 2016-09-07
Target Candela Sp. z o.o.
Sector Distribution
Buyer(s) Varian Medical Systems
Deal Type Add-on Acquisition

Target

Candela Sp. z o.o.

Warszawa, Poland
Candela Sp. z o.o. is a distributor of radiotherapy equipment in Poland.

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Buyer(S) 1

Buyer

Varian Medical Systems

Palo Alto, California, United States

Category Company
Founded 1948
Sector Medical Products
Revenue 3.2B USD (2020)
DESCRIPTION
Varian's corporate headquarters in Palo Alto, California.
Varian's corporate headquarters in Palo Alto, California.

Varian Medical Systems is a manufacturer of medical devices and software for treating cancer and other medical conditions with radiotherapy, radiosurgery, proton therapy, and brachytherapy. The company supplies informatics software for managing comprehensive cancer clinics, radiotherapy centers and medical oncology practices. Varian is a supplier of tubes and digital detectors for X-ray imaging in medical, scientific, and industrial applications and also supplies X-ray imaging products for cargo screening and industrial inspection. Varian Medical Systems was formed in 1948 and is based in Palo Alto, California.


DEAL STATS #
Overall 12 of 25
Sector: Distribution M&A 1 of 1
Type: Add-on Acquisition M&A Deals 11 of 22
Country: Poland M&A 1 of 1
Year: 2016 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-29 Claymount Assemblies BV

Dinxperlo, Netherlands

Claymount Assemblies BV is a manufacturer of high-voltage cable connection systems and system components for X-ray equipment manufacturers serving both healthcare and industrial applications.

Buy €50M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-22 PerkinElmer - Medical Imaging Business

Waltham, Massachusetts, United States

PerkinElmer's Medical Imaging Business is a provider of digital flat panel X-ray detectors that serve as components for industrial, medical, dental and veterinary X-ray imaging systems.

Buy $276M