Taiyo Nippon Sanso Corporation (TNSC) has acquired medical equipment sales company IMI Co.
TNSC is advancing M&A as a priority strategy under the Ortus Stage 2 medium-term management plan. The Japanese company is moving ahead on examining alliances as well as M&A toward expanding business in existing domains within the medical business.
In addition, within the medical business, TNSC is actively focusing development on expansion in respiratory business, including home healthcare, and the advanced medical care business including stable isotopes and biotechnology.
IMI is a company handling medical devices, mainly respiratory and emergency/intensive care equipment including ventilators and temperature management devices and monitoring equipment, which often overlap with TNSC’s medical gas and medical device business domains. The aim is to expand business in the respiratory business field by leveraging synergies in IMI’s product development capabilities and TNSC’s sales network.
Moreover, Pacific Medico Co, which was acquired in 2013, also operates in a similar business domain and TNSC will aim to expand that business as well by mutually leveraging product synergies.
Taiyo Nippon Sanso Corporation (TNSC), provider of industrial gases and related welding solutions to precision industries and Sintavia LLC, a leading Tier One metal additive manufacturer have formed a partnership to develop and promote metal additive manufacturing (AM) solutions across key industries.
According to The Gas Review, on 22nd February, Taiyo Nippon Sanso (TNSC) concluded an agreement through its US affiliate Matheson Tri-Gas with Gazprom to import and distribute helium (He) of Russian origin as the first Japanese company.
The Gas Review reports that on 13th April, the industrial-academic alliance of Taiyo Nippon Sanso Corporation (TNSC), Osako University and Hanoi University of Science and Technology agreed to the planned establishment of a training centre in Vietnam.
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