M/13/024 – KCI / Systagenix
Transaction details
The acquisition of Systagenix Wound Management (US) Inc. and Systagenix Wound Management Mezz B.V. (together Systagenix) by Kinetic Concepts Inc., has been cleared by the Competition Authority.
| Notification date | Decision date |
|---|---|
| Friday August 23, 2013 | Thursday, September 19, 2013 |
| Parties Involved | Business activities |
|---|---|
| Kinetic Concepts Inc. | KCI's core activity is in the active wound care market with the development and commercialisation of advanced wound care devices that apply negative pressure (i.e. vacuum pressure) to a wound site to promote healing. |
| Systagenix | Systagenix is a globally active company focussed on advanced wound care, with its core activity in moist wound care, namely advanced wound dressings. |
| Economic sector | Media merger |
|---|---|
| The target is active in moist wound care only in Ireland. With regard to Ireland, KCI is active in active wound care only. | No |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Monday, September 2, 2013 | |
| Current status: Completed |
|---|
| Cleared (Phase 1) |
| Authorised Officer Assigned | Contact Details |
|---|---|
| Barry O'Donnell | Tel: 01-804 5396, email: bod@tca.ie |
Media enquiries: MKC Communications: 01 7038600
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