# OrbusNeich Medical to acquire 84% of PT Revass Utama Medika

OrbusNeich Medical Company Limited, a subsidiary of OrbusNeich Medical Group, agreed to acquire 84% of PT Revass Utama Medika, a distributor of cardiovascular and other medical devices in Indonesia. The purchase price is between $10.08 million and $20.16 million.

- Type: Acquisition
- Announced: 2023-11-27
- Where: Indonesia
- Value: $15.1M
- Status: announced
- Products: cardiovascular intervention products, neurointervention products, peripheral intervention products, continuous renal replacement therapy products
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [OrbusNeich Medical](https://endata.com/companies/69366.md) (acquirer)
- [PT Revass Utama Medika](https://endata.com/companies/73997.md) (target)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/1029334.html), 2023-11-27: "鉴于印度尼西亚医疗器械的巨大市场潜力及近期印度尼西亚政府支持医疗器械行业的政策，收购事项将使集团能够利用目标公司的经验及专业知识，进一步扩大及发展其于印度尼西亚的直销团队销售能力。"

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