As announced on December 2, 2019, the Board of Directors of the Agfa-Gevaert Group decided to enter into exclusive negotiations with Dedalus Holding S.p.A. to sell a part of Agfa HealthCare’s IT business (the “Business”). Today, both parties announce that they have signed the share purchase agreement, under which Dedalus S.p.A. would acquire 100% of the Business at an enterprise value of 975 million Euro, subject to regular working capital and net debt adjustments.
The transaction is subject to customary employees’ consultations, regulatory approvals and closing conditions. Both parties aim to close the transaction in the course of Q2 2020.
The Business consists of the Healthcare Information Solutions and Integrated Care activities, as well as the Imaging IT activities to the extent that these activities are tightly integrated into the Healthcare Information Solutions activities. This is the case mainly in the DACH region, France and Brazil.