# Sisram Medical acquires 60% of PhotonMed

Sisram Medical, through its subsidiary Alma Lasers, acquired 60% of PhotonMed International Limited, a distributor of energy-based devices in China, for 270 million RMB.

- Type: Acquisition
- Announced: 2023-03-30
- Where: China
- Value: $39.0M (270.0M CNY)
- Status: completed
- Products: energy-based medical aesthetic devices
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Alma Lasers](https://endata.com/companies/35586.md) (acquirer)
- [Sisram Medical](https://endata.com/companies/35588.md) (acquirer)
- [PhotonMed International Limited](https://endata.com/companies/69430.md) (target)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/sisram-medical-expands-footprint-in-mainland-china-acquires-giant-medical-aesthetic-distributor--photonmed-301786161.html), 2023-03-30: "Acquiring PhotonMed is a significant milestone in strengthening our localization efforts in the PRC markets."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.