Navigation Links
QUANTEL Intends to Strengthen its Dermatology/ Aesthetics Division With the Acquisition of WaveLight Aesthetic GmbH

LES ULIS, France, September 3 /PRNewswire-FirstCall/ --

- QUANTEL has Entered Into the Final Phase of the Negotiations in View of Acquiring the Company WaveLight Aesthetic GmbH

A strong complementarity

This company, a subsidiary of the German company WaveLight AG, is specialized in Dermatology/Aesthetic lasers. It is based in Germany, in Erlangen, near Nuremberg and its revenues are estimated of approx. 10MEUR for the fiscal year 2006/2007 ended July 31, 2007.

Its product line is very complementary with Quantel Medical's with, in particular, lasers for tattoo removal, hair removal and skin resurfacing.

A powerful and profitable Dermatology division

The combination of Quantel Medical's Dermatology's activities with those of WaveLight Aesthetic will create a Dermatology division with a very complete product offering and which could make more than 20MEUR in sales in 2008. This would lead to good profitability in a very large and fast growing market.

Achieving the objectives set by WaveLight Aesthetic's management, who will remain in place, should be immediately accretive to the Group's profits.

Both parties intend to sign final agreements before the end of September 2007.

The terms and conditions of the financing for this acquisition are still being negotiated. They will be published soon.


Founded in 1970, the QUANTEL Group has over the last 10 years established itself as one of the world's leading specialists for scientific (research laboratories, universities), industrial (micromachining, metrics, military) and medical (ophthalmology, dermatology) laser technologies.

Located in France and the US, through its Big Sky Laser subsidiary, the QUANTEL Group generated EUR2.1 million in net income in 2006 and EUR41.4 million in revenues, with 81% on international markets, split between scientific and industrial applications (51%) and medical clients (49%) for lasers.

Alain de Salaberry

Chairman and Chief Executive Officer

T: +33-1-69-29-17-00

Mathieu Calleux

Investor Relations

T: +33-1-53-65-37-91

Philippe Melikian

Chief Financial Officer

T: +33-1-69-29-17-00

Marie Ein

Press Relations

T: +33-1-53-65-37-91

Copyright©2007 PR Newswire.
All rights reserved

Related medicine news :

1. Creatine Helps Strengthen Older Men
2. Marijuana gateway theory strengthened by study of twins
3. New Compound Could Strengthen The Effect Of Chemotherapy
4. More collaborations and strengthening of India’s AIDS control body require
5. Magnesium In Diet Strengthens Bones
6. Soft Drinks Can Strengthen Memory Power
7. Internet Helps Strengthen Social Ties
8. Strengthen Your Childs Immunity Give Him A Cat
9. Communication in the ICU to Be Strengthened
10. MSU Research Strengthens Link Between Smoking, Pancreatic Cancer
11. U.N. Officials Call on Countries To Strengthen HIV/AIDS Prevention Efforts
Post Your Comments:
(Date:6/27/2016)... (PRWEB) , ... June 27, 2016 , ... ... cutting edge technology to revolutionize the emergency ambulance transport experience for the millions ... aware of how Uber has disrupted the taxi industry through the use of ...
(Date:6/26/2016)... ... , ... Pixel Film Studios Released ProSlice Levels, a Media Slicing Effect ... a whole new perspective by using the title layers in ProSlice Levels to ... ProSlice Levels contains over 30 Different presets to choose from. FCPX users ...
(Date:6/25/2016)... ... June 25, 2016 , ... Experts from the ... AcademyHealth’s Annual Research Meeting June 26-28, 2016, at the Hynes Convention Center in ... topics including advance care planning, healthcare costs and patient and family engagement. , ...
(Date:6/25/2016)... ... June 25, 2016 , ... First Choice Emergency Room , ... Sesan Ogunleye, as the Medical Director of its new Mesquite-Samuell Farm facility. , ... our new Mesquite location,” said Dr. James M. Muzzarelli, Executive Medical Director of First ...
(Date:6/25/2016)... ... June 25, 2016 , ... Conventional wisdom preaches the benefits of moderation, whether ... latter, setting the bar too high can result in disappointment, perhaps even self-loathing. However, ... their goal. , Research from reveals that behind the tendency ...
Breaking Medicine News(10 mins):
(Date:6/23/2016)... Roche (SIX: RO, ROG; OTCQX: RHHBY) announced that it ... (procalcitonin) assay as a dedicated testing solution for people ... Roche is the first IVD company in the U.S ... assessment and management. PCT is a sepsis-specific ... blood can aid clinicians in assessing the risk of ...
(Date:6/23/2016)... , June 23, 2016 Bracket , ... launch its next generation clinical outcomes platform, Bracket eCOA (SM) ... held on June 26 – 30, 2016 in ... first electronic Clinical Outcome Assessment product of its kind to ... #715. Bracket eCOA 6.0 is a flexible platform ...
(Date:6/23/2016)... 23, 2016 Revolutionary technology includes ... Oticon , industry leaders in advanced audiology and hearing ... Oticon Opn ™, the world,s first internet connected hearing ... IoT devices.      (Photo: ... number of ,world firsts,: , TwinLink™ - ...
Breaking Medicine Technology: