Observe Medical ASA – Final agreement to acquire Sylak AB signed
Observe Medical ASA, October 29, 2020: Reference is made to Observe Medical’s announcement October 16, 2020 regarding the signing of a letter of intent to acquire Sylak AB, a distributor of ICU/anaesthesia products in the Swedish market, for an enterprise value of SEK 6 million (on a cash and debt free basis). Today, Observe Medical and the seller, ABIGO Medical AB, signed the final sale and purchase agreement with main terms as announced October 16. The transaction is expected to close tomorrow, 30 October 2020. “The transaction will strengthen Observe Medical and fuel both our near-