Strategic acquisition of Brazilian DEG (20-12-2010)

Ger van Jeveren, CEO of Arseus: "The acquisition of DEG is an important milestone in Fagron's history. Until the beginning of 2010, Fagron was only active in Europe. With the acquisition in mid-May of the already fully integrated American Gallipot and the acquisition of Brazilian DEG, within one year Fagron has become the worldwide market leader. Potential acquisitions in Europe, the United States, Canada and Latin America are currently being looked into to further strengthen this position.
Because of the excellent track record and quality of the organisation of both DEG and Fagron, we expect a rapid and smooth integration, with a particular focus on the substantial synergy advantages and economies of scale. A project to introduce Fagron's broader product range on the Brazilian market will be started up immediately.