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Mindray Netherlands, a subsidiary of Chinese medical device maker Mindray, purchased a 75% stake in German company DiaSys Diagnostic Systems from Gorka Holding for EUR 115 million. Mindray and Gorka will also add EUR 30 million and EUR 10 million respectively for business development.
Shenzhen Mindray Bio-Medical Electronics Co., Ltd. has agreed to acquire 75% equity interest in DiaSys Diagnostic Systems GmbH from Gorka Holding GmbH for a preliminary cash consideration of approximately €115 million. The acquisition will support Mindray's IVD business expansion.