Sulzer signed a binding agreement to acquire Simcro. Simcro is the market leader for pharmaceutical delivery devices such as injectors and applicators for livestock and companion animals. The acquisition adds animal health care as a new, attractive market segment to Sulzer’s Applicator Systems division. The enterprise value is NZD 132 million (CHF 90 million).
Simcro, headquartered in Hamilton, New Zealand, is expected to achieve revenues of CHF 35 million and an EBITDA margin of 27% in 2017. The company generates 30% of its revenues in Europe, Middle East, and Africa; 40% in the Americas; and 30% in Asia-Pacific. It employs
Simcro, headquartered in Hamilton, New Zealand, is expected to achieve revenues of CHF 35 million and an EBITDA margin of 27% in 2017. The company generates 30% of its revenues in Europe, Middle East, and Africa; 40% in the Americas; and 30% in Asia-Pacific. It employs
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