Acquisition of shares of FBC Medical, France
ZYDUSLIFE · price
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Zydus Lifesciences' wholly-owned subsidiary Amplitude SAS has completed the acquisition of 100% share capital of FBC Medical, France for Euro 700,000 in cash. FBC Medical is a medical equipment distribution company incorporated in 2016, with FY2025 turnover of Euro 935,000. The acquisition aims to internalize commercial capabilities currently outsourced to third-party sales agents, allowing Amplitude to eliminate ongoing commission and business-development fees. The transaction is not a related party transaction and does not require any governmental or regulatory approvals.
This acquisition is likely positive for shareholders as it verticalizes the distribution chain by bringing sales operations in-house, potentially reducing long-term selling and distribution costs for Amplitude's medical equipment business in France.