International law firm Simmons & Simmons has advised FTSE 100-listed Diploma PLC on its acquisition of Electramed, a provider of specialist medical equipment and devices across Ireland.
Diploma PLC is an international group supplying specialised products and services in the Life Sciences, Seals and Controls sectors with over 3,500 employees across the UK, Europe, North America and Australia.
Electramed provides specialist medical equipment and devices to hospitals across Ireland. Over the last 50 years it has developed a particular focus on delivering better patient care in orthopaedics, trauma and MRI shielding.
The Simmons team which advised Diploma was led by corporate partner David Brangam and Managing Associate, Christine Quigley.
Commenting on the deal, David said: “We were delighted to work with Diploma on this exciting addition to the Group and their wider growth in Ireland, drawing on our deep expertise in the health and life sciences sector”.
Steve Sargeant, Group Corporate Development Director of Diploma PLC commented “The team at Simmons did a great job of guiding us through this acquisition efficiently and driving the transaction documents at pace for a successful outcome – it was a pleasure working with them again.”
