Fukuda Denshi, the listed, Tokyo-based medical
instrument developer/distributor, intends to sell France-based Kontron
Medical SAS and Switzerland-based Kontron Medical AG by the end of
2006. Kontron Medical is one of France's leading manufacturers and
distributors of ultrasound devices. Kontron's ultrasound products have
the largest market share among France's physicians in private
practice.
The company turned Kontron Medical SAS and Kontron Medical AG into
wholly owned subsidiaries in May 2005. Fukuda Denshi has decided to
sell the subsidiaries in order to refocus on its core business
strategy.
Fukuda Denshi has retained Daiwa Securities SMBC and Daiwa
Securities America to facilitate the sale of Kontron. Please direct
all inquiries to Adam Taplinger, Vice President, Daiwa Securities
America. Tel: 212-612-6307; Email: adam.taplinger@daiwausa.com
