UNIPHAR PLC

UPR
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4.1EUR +1.99%

Uniphar plc (ISE : UPR) acquired BESTMSLs Group.

08/02/2021 | 12:00am
Uniphar plc (ISE : UPR) acquired BESTMSLs Group on August 2, 2021. The purchase price includes an upfront payment plus contingent consideration payable upon achievement of EBITDA based performance targets. While the terms of the deal were not disclosed, it is understood to be valued at a total of $36 million. The acquisition of BESTMSLs Group comprises of BESTMSLs, The Doctors Channel & MDea. The acquisition is forecast to deliver a Return on Capital Employed to the Group in line with Uniphar's target rate of 12%-15% within three years. Uniphar plc (ISE : UPR) completed the acquisition of BESTMSLs Group on August 2, 2021.
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