Based in the M7 Business Park.
Accuscience, based in the M7 Business Park, Naas, a distributor of life sciences and medtech equipment, has been bought by British rival Diploma for €60 million.
According to The Times Ireland online, The management team will remain “indefinitely” after the deal, which is expected to contribute £35 million pounds sterling in turnover to the London-listed multinational.
Mary Harney, a former tanaiste, chairs the board at Accuscience’s ex-owner Pharmed, a healthcare services provider.
Johnny Thomson, Diploma’s chief executive, said the purchase would increase the group’s exposure to high-growth diagnostics and add scale to its life sciences business. The purchase price represents a multiple of 9.5 times earnings before interest and tax.
Accuscience reported turnover of €16.9 million and profit before tax of nearly €1.1 million in 2019 and has 56 staff.
The company sells laboratory equipment, surgical products and blood transfusion equipment.
Kfm Obituary Notices
Special Education Classroom Approved For Leixlip School
“You Don't Use A Sledgehammer To Crack A Walnut": Kildare Solicitor Criticises New Legal Aid Scheme As Work Stoppage Continues In Dublin
Nine Critical Infrastructure Projects Designated By Government
New Art Centre In Maganey Described As Being Located In An "Inspirational" Landscape
Mobile Heart Health Unit Providing Free Checks Coming To Newbridge
12 New Gardaí Allocated For Kildare Stations
Council Say They're Progressing With The Taken In Charge Of Castledermot Estate
