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Agfa-Gevaert Group Successfully Completes Sale of Part of Agfa HealthCare’s IT Business to the Dedalus Group

Press release from the issuing company

Agfa HealthCare’s state-of-the-art Imaging IT software business is not included in the sale and continues to be a key business for the Agfa-Gevaert Group

Mortsel (Belgium) – The Agfa-Gevaert Group has successfully completed the sale of part of Agfa HealthCare’s IT business to the Dedalus Group at an enterprise value of 975 million Euro.

The part that has been sold consists of the Healthcare Information Solutions activities (Electronic Health Record, the ORBIS platform) and the Integrated Care activities in Germany, Austria, Switzerland, France and Brazil as well as the Imaging IT activities to the extent that these activities are tightly integrated into the Healthcare Information Solutions activities in these geographies.

In North America and all other international markets, Agfa HealthCare pursues its Imaging IT software business, which is not included in the sale. Based on the flagship Enterprise Imaging platform and the IMPAX solutions, Agfa HealthCare will continue to deliver superior value to its Imaging IT customers.

“The sale of this business is a major step in our transformation process. Given the uncertainty of the current economic context, at this point in time we choose to use the proceeds of the sale to secure the future of our company, to further execute the strategies of our divisions and to address long term liabilities,” said Pascal Juéry, President and CEO of the Agfa-Gevaert Group.

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