News | Ultrasound Imaging | April 30, 2018

Esaote Change of Ownership Completed

Biomedical equipment company’s share capital purchased by consortium of Chinese investors

Esaote Change of Ownership Completed

April 30, 2018 — The acquisition of biomedical equipment company Esaote SpA’s share capital was completed on April 19, the company recently announced, by a consortium of leading Chinese investors. The consortium is composed of major companies in the medical and healthcare technology sectors, as well as investment funds with significant experience in this field.

As a result of this change in ownership, Esaote said it will be in a stronger position and have the opportunity to accelerate its development plans, and in particular its growth projects in China. In addition to its current worldwide presence, Esaote said it will also benefit from the widespread distribution networks of the new shareholders, and from the distribution of the consortium’s main products in the international markets in which Esaote operates.

The consortium is composed of:

  • Private equity fund Yufeng Capital;
  • Wandong, China’s largest listed medical equipment manufacturer;
  • Shanghai FTZ Fund, China’s first Free Trade Zone fund;
  • Tianyi, an investment group focused on the healthcare sector;
  • Yuyue, the holding company of the largest homecare medical equipment manufacturer in China; and
  • Kangda, OEM manufacturer and distributor of medical imaging equipment.

Under the agreement — whose terms and conditions remain as announced on Dec. 7, 2017 — Esaote will continue to operate as an independent international company, with its headquarters in Genoa, Italy, and research and development and production centers in Italy and the Netherlands.

For more information: www.esaote.com

 


Related Content

News | Ultrasound Imaging

April 3, 2024 — GE HealthCare announced the launch of Caption AI artificial intelligence (AI)-driven software for rapid ...

Home April 03, 2024
Home
News | Ultrasound Imaging

April 3, 2024 — - Eko Health, a pioneer in applying artificial intelligence (AI) for early detection of heart and lung ...

Home April 03, 2024
Home
News | Ultrasound Imaging

September 15, 2023 — Contrast enhanced ultrasound (CEUS) is underutilized in the United States, and reduced access to ...

Home September 15, 2023
Home
News | Ultrasound Imaging

August 3, 2023 — Butterfly Network, Inc. a digital health company transforming care through the power of portable ...

Home August 03, 2023
Home
News | Ultrasound Imaging

May 11, 2023 — Esaote, a leading manufacturers of medical diagnostic systems (specifically, ultrasound, dedicated MRI ...

Home May 11, 2023
Home
News | Ultrasound Imaging

April 24, 2023 — Butterfly Network, Inc., a digital health company transforming care through the power of handheld ...

Home April 24, 2023
Home
News | Ultrasound Imaging

January 30, 2023 — Heart disease is the leading cause of death worldwide. In the U.S., it is estimated that someone dies ...

Home January 30, 2023
Home
News | Ultrasound Imaging

December 8, 2022 — Butterfly Network, Inc., a digital health company transforming care with handheld, whole-body ...

Home December 08, 2022
Home
News | Ultrasound Imaging

August 10, 2022 — Butterfly Network, Inc., a digital health company transforming care with handheld, whole-body ...

Home August 10, 2022
Home
News | Ultrasound Imaging
February 14, 2022 – Clarius Mobile Health has introduced a third-generation product line of high-performance handheld ...
Home February 14, 2022
Home
Subscribe Now