Navigation Links
QUANTEL Intends to Strengthen its Dermatology/ Aesthetics Division With the Acquisition of WaveLight Aesthetic GmbH
Date:9/3/2007

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.

ABOUT THE QUANTEL GROUP

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

info@quantel.fr

Mathieu Calleux

Investor Relations

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

mathieu.calleux@calyptus.net

Philippe Melikian

Chief Financial Officer

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

info@quantel.fr

Marie Ein

Press Relations

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

marie.ein@calyptus.net


'/>"/>
SOURCE QUANTEL
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:
*Name:
*Comment:
*Email:
(Date:10/13/2017)... (PRWEB) , ... October 13, 2017 , ... While it’s ... poses a problem. Fortunately, an inventor from Austin, Texas, has identified a solution. , ... medication in darkness or restricted lighting. As such, it eliminates the need to turn ...
(Date:10/13/2017)... ... October 13, 2017 , ... Lori R. Somekh, founder ... of ElderCounsel, a national organization of elder law and special needs planning attorneys. “Membership ... rules. It also provides a forum to network with elder law attorneys nationwide,” said ...
(Date:10/13/2017)... ... October 13, 2017 , ... Global Healthcare Management’s 4th Annual ... in Milford, NJ. This free event, sponsored by Global Healthcare Management’s CEO, Jon ... fun run is geared towards children of all ages; it is a non-competitive, non-timed ...
(Date:10/13/2017)... ... ... “America On The Brink”: the Christian history of the United States and the ... published author, William Nowers. Captain Nowers and his wife, Millie, have six children, ... in the Navy. Following his career as a naval aviator and carrier pilot, ...
(Date:10/12/2017)... ... 12, 2017 , ... IsoComforter, Inc. ( https://isocomforter.com ), one of ... innovative new design of the shoulder pad. The shoulder pad provides optimal support ... your pain while using cold therapy. By utilizing ice and water that is circulated ...
Breaking Medicine News(10 mins):
(Date:9/18/2017)... Pa. and KALAMAZOO, Mich. , Sept. 18, ... , and OptiMed Specialty Pharmacy of ... to offer a strategic hub service that expedites and ... sought-after personal spirometer, Spiro PD 2.0, and wellness management ... spirometer is a medical device used to measure lung ...
(Date:9/13/2017)... Sept. 13, 2017   OrthoAtlanta has been named ... Football Host Committee (AFHC) for the 2018 College Football Playoff ... 2018, at Mercedes-Benz Stadium in Atlanta, Georgia ... AFHC "I,m In" campaign, participating in many activities leading up ... ...
(Date:9/12/2017)... 12, 2017  Consumer reviews on the independent review site ... number one company for hearing aids, ranking it higher than ... ... by Consumers For Hearing Aids ... is an online store that provides high performance, state-of-the-art, German-engineered hearing ...
Breaking Medicine Technology: