Slide 1: Acquisition of Kinetic Concepts Inc's (KCI) Therapeutic Support Systems (TSS) business
Acquisition of Kinetic Concepts Inc’s (KCI) Therapeutic Support Systems (TSS) business 15 August, 2012
Slide 2: Transaction overview
Transaction overview • Getinge has signed a definitive agreement with US-based Kinetic Concepts Inc. to acquire its Therapeutic Support Systems (TSS) business for an enterprise value of USD 275 million. • The acquisition of TSS takes the form of a carve-out whereby Getinge will purchase all assets a
Slide 3: Strategic rationale – TSS acquisition
Strategic rationale – TSS acquisition • Geographically, highly complementary – TSS and Getinge Extended Care’s combined business will create a global market position of No. 1. • Customer segment – significant potential for synergies and increased customer value. - TSS strong in Critical and Bariatri
Slide 4: About TSS and the market
About TSS and the market • Overview: One of three business divisions in the global medical device company KCI, focused on sustained market leadership in Wound Care, Bariatric Care and Critical Care. • Location: San Antonio, Texas, USA • Own sales organizations in: the US, Canada, Germany, Austria, I
Slide 5: About TSS and the market – contd.
About TSS and the market – contd. Three divisions with total revenue of USD 247 million in 2011 KCI Therapeutic Support Systems Develops and manufactures support Develops and manufactures Develops and manufactures critical surfaces, overlays, therapeutic beds solutions that help treat and prevent ca
Slide 6: About TSS and the market – contd.
About TSS and the market – contd. Therapeutic surfaces for treatment and prevention of pressure ulcers represents a market with stable growth and favourable demographic trends • Global market valued at USD 1.5 billion. • Stable global market growth of approximately 5-7% annually. - US market growth
Slide 7: Synergies and financial impact
Synergies and financial impact • The combination of TSS’s and Extended Care’s existing business is expected to create operational synergies in sales, distribution operations, manufacturing and headquarter functions. • The complementary nature of the two product portfolios is expected to generate rev