Vatech E-Woo Holdings Limited acquired additional 3.78% stake in Rayence Co., Ltd. from Value Added Technology Co., Ltd. for KRW 11.9 billion.
February 02, 2017
Share
Vatech E-Woo Holdings Limited acquired additional 3.78% stake in Rayence Co., Ltd. (KOSDAQ:A228850) from Value Added Technology Co., Ltd. (KOSDAQ:A043150) for KRW 11.9 billion on February 3, 2017. Vatech E-Woo Holdings funded the transaction from own funds.
Vatech E-Woo Holdings Limited completed the acquisition of additional 3.78% stake in Rayence Co., Ltd. (KOSDAQ:A228850) from Value Added Technology Co., Ltd. (KOSDAQ:A043150) on February 3, 2017.
Rayence Co., Ltd. is a Korea-based company mainly engaged in the manufacture of medical and veterinary X-ray detector products. Its products include thin film transistor (TFT) detectors and complementary-metal-oxide-semiconductor (CMOS) detectors. The products' brand name consists of 1012WCA, 17SCC/SGC, 1215CF, 1501CF and 0712CF. The Company also manufactures intra oral (I/O) sensors under the brand name of Ez1.0, Ez1.5, and mammography (mammo) machines under the brand 1724CM, 2434CM. The Company distributes its products to domestic and overseas markets.
RAYENCE CO., LTD. 
