Buddle Findlay advises on another major healthcare deal
2 June 2021
Buddle Findlay recently advised Australian private equity firm The Growth Fund and other shareholders on the sale of Obex Medical Holdings to Bunzl plc. Obex is a medical distribution business providing healthcare equipment and devices to hospitals and other healthcare providers in New Zealand, with revenue in 2020 of NZ$51m. Bunzl is a specialist international distribution and services company listed in the UK.
"We are delighted to have worked alongside The Growth Fund, Obex management, PwC and EY to complete a successful exit for all shareholders" - Grant Dunn
The healthcare M&A transaction comes off the back of the recently announced acquisition of up to 60% of Pacific Radiology Group by Buddle Findlay client, Infratil.