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Philips, Emergency Care
Philips to Sell Emergency Care Unit to Bridgefield Capital
Royal Philips NV is selling its emergency care business to US-based investment firm Bridgefield Capital to focus on larger units that are more profitable.
Philips is selling its Emergency Care business to private equity
The deal includes a licensing agreement that allows the sold business to use the Philips brand for up to 15 years.
Philips to sell emergency care business
Investment firm Bridgefield Capital will buy the segment, which includes cardiac resuscitation and emergency care devices, for an undisclosed amount.
Philips signs agreement for sale of Emergency Care division
Philips has signed an agreement for the sale of its Emergency Care business to US-based investment firm Bridgefield Capital. This move comes as part of Philips' strategic refocus, as unveiled in January 2023,
PE firm to acquire emergency care segment from Philips
Bridgefield Capital to acquire Royal Philips' emergency care business, expanding its presence in the $26 billion market. Transaction expected to close in 2025.
Philips zaps emergency AED business over to Bridgefield Capital
Philips is parting ways with its worldwide emergency care business, including its catalog of automated external defibrillators and other hardware used inside and outside the hospital, thr | While Bridgefield will serve as the division’s new owner,
Philips to sell emergency care business to Bridgefield Capital
Philips will sell its emergency care business to investment firm Bridgefield Capital for an undisclosed amount. The deal is expected to close later this year, the companies said Tuesday.
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Morningstar
3d
Bridgefield Capital Enters into Definitive Agreement to Acquire Philips Emergency Care Business, Global Leader in Saving Lives
Terms of the transaction were not disclosed. The
Philips Emergency Care
Business serves as a key element of Bridgefield Capital's strategy to invest in the
emergency
medical products market ...
3d
Philips to sell its Emergency Care Business to Bridgefield Capital
Philips (PHG) has entered into a definitive agreement with Bridgefield Capital, a private investment firm specializing in corporate carve-outs ...
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