Koninklijke Philips N.V.
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Publicatie datum
11 apr 2008 - 09:17
Statutaire naam
Koninklijke Philips N.V.
Titel
Philips to acquire Chinese patient monitoring company Shenzhen Goldway Industrial, Inc.
Bericht
April 11, 2008
PHILIPS TO ACQUIRE CHINESE PATIENT MONITORING COMPANY SHENZHEN GOLDWAY INDUSTRIAL, INC.
Acquisition expands Philips' presence in China's growing healthcare market and offers export platform to other emerging markets
Deal strengthens Philips' presence in growing market for economy- and mid-range patient monitors
Amsterdam, the Netherlands and Shenzhen, China – Royal Philips Electronics (AEX: PHI, NYSE: PHG) ("Philips") today announced it has reached an agreement with the shareholders of Shenzhen Goldway Industrial, Inc. ("Goldway") to acquire all outstanding shares in Goldway. Financial details of the transaction were not disclosed. The transaction is expected to close in the second quarter of 2008, upon which Goldway will become part of the Patient Monitoring business within Philips’ Healthcare sector. Philips is the market leader in the global patient monitoring market, which in 2007 was estimated to be approximately EUR 2 billion (or approximately USD 3 billion).
Deborah DiSanzo, Senior Vice President and General Manager of Philips' Patient Monitoring business said: "Philips already has a leading position in the premium segment of China's patient monitoring market. This acquisition offers us a perfect opportunity to further strengthen our position in China and to increase our presence in other emerging markets. Goldway has a track record of providing excellent medical devices that are complementary to Philips' existing patient monitoring product base, not only for the Chinese market, but for export to other value-conscious, high-growth markets around the world."
Goldway offers patient monitoring solutions that range from basic standalone to more fully-equipped monitors, including products that have been FDA approved in the United States or carry the "CE" certification in Europe. In addition, Goldway has a strong dealer network, hospital focused service capabilities as well as cost effective manufacturing operations that all contribute signi
Datum laatste update: 10 januari 2026