UDG Healthcare’s €105m deal boosts its global reach
The $144m (€105m) takeover, which is expected to be completed by the end of next month and which will be financed from existing cash facilities, will directly complement UDG’s healthcare communications offering — which forms part of its Ashfield Commercial & Medical Services division in the UK and US — and make the group a leading global provider, also enabling further expansion in the US and mainland Europe.
UDG’s chief executive, Liam FitzGerald said the purchase represents “a significant strategic and complementary acquisition” for the Dublin-based group.
