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0 0.00101757944557136 0.00371872887085867 0.00693035835023659 0.0101419878296146 0.0162271805273834 0.0135226504394861 0.0118323191345503
Stock impact report

Emergency Care Holdings Acquires Philips Emergency Care Business, Launching Global Emergency Care Platform

Koninklijke Philips N.V. NY Registry Shares (PHG) 
US:NYSE Investor Relations: philips.com/a-w/about/investor.html
Company Research Source: Business Wire
Transaction establishes a scalable platform positioned for consolidation and growth in a $26B global emergency medical products market WASHINGTON--(BUSINESS WIRE)--Emergency Care Holdings (ECH), a platform backed by Bridgefield Capital, today announced the completion of its acquisition of the Philips Emergency Care business from Koninklijke Philips N.V. (NYSE: PHG). The business will operate as Heartstream and continue to market select products under a Philips brand license.The acquisition represents the launch of ECH’s global platform strategy focused on building a leading portfolio of emergency medical technology companies serving the pre-hospital care market. The emergency medical products sector exceeds $26 billion globally and is characterized by strong demand, recurring revenue, and long-term demographic and regulatory tailwinds.Headquartered in Bothell, Washington, the business operates in more than 130 countries, supported by about 480 distribution partners, and maintains a Show less Read more
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