United drug acquire travel health service provider

United Drug plc has today announced that it has acquired the entire share capital of MASTA (Medical Advisory Service for Travellers Abroad Limited).

The consideration for the acquisition of MASTA is £14.5m (€20.95m) in cash, payable on completion, plus an additional sum of up to £4.5m (€6.5m), payable based on achievement of agreed profit targets over the next two years.