Summary
HB Fuller, a US industrial adhesives and chemical products manufacturer, has announced its intention to acquire the UK-based, AIM-listed medtech firm Advanced Medical Solutions (AMS) for £659 million, which will result in AMS's delisting from the junior stock market.
Summary of transaction details:
- Value: £659,000,000
- Sector: Healthcare & Biotech
- Advisor: Not mentioned
- Key Entities: Target: Advanced Medical Solutions (AMS), Acquirer: HB Fuller
- Location: Target: UK, Acquirer: US
Note: This strategic acquisition by HB Fuller aims to significantly expand its total addressable market potential in the medical adhesive technologies sector and establish a new standalone global business unit. The deal represents a 35 percent premium for AMS shareholders and is indicative of the current trend of foreign firms acquiring UK-listed companies.
Lead Investor / Acquirer
HB Fuller
Advising Broker
Undisclosed Firm
Related Deals in Healthcare & Biotech
Exited prioritisedOriginal Source
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