tiprankstipranks
AMS Acquires Peters Surgical, Boosts Global Reach
Company Announcements

AMS Acquires Peters Surgical, Boosts Global Reach

Advanced Medical Solutions (GB:AMS) has released an update.

Advanced Medical Solutions Group plc (AMS) has announced the successful regulatory approval for its acquisition of Peters Surgical, set to complete on July 1, 2024. This strategic move will nearly double AMS’s surgical revenue, making it a global leader in tissue repair and wound closure, with expected high single-digit earnings accretion from FY25. The acquisition further solidifies AMS’s product portfolio, direct sales capabilities, and market reach.

For further insights into GB:AMS stock, check out TipRanks’ Stock Analysis page.

Looking for more investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles