Ratos: Dynal Biotech Acquisition Completed.Business Editors & Health/Medical Writers STOCKHOLM, Sweden--(BUSINESS WIRE)--Oct. 16, 2001 All the acquisition terms having been met, Ratos is now completing its acquisition together with Nordic Capital of the Norwegian biotechnology company Dynal Biotech bi·o·tech n. Informal Biotechnology. biotech Noun short for biotechnology Noun 1. . Ratos will pay a purchase price of NOK NOK In currencies, this is the abbreviation for the Norwegian Krone. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 242m for a 25% stake in Dynal Biotech. "Dynal Biotech is already a well-established, profitable company in the biotechnology sector. We also see attractive opportunities within the company's R&D," says Ratos's CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Arne Karlsson Arne Ernst Karlsson (born March 23, 1936) is a Swedish sailor who competed in the 1964 Summer Olympics. In 1964 he won the silver medal as crew member of the Swedish boat Rush VII in the 5.5 metre class event. External links
Dynal Biotech (www.dynalbiotech.com) is world leading within research, development and production of magnetic and non-magnetic very small completely spherical spher·i·cal adj. Having the shape of or approximating a sphere; globular. polymer beads, and markets a wide range of products based on its technology. Among the applications is separation of biological substances. The company has customers and partners within industry as well as research, mainly in the diagnostics, genomics and cell therapy sectors. Dynal's main site is in Oslo. Its products are sold through subsidiaries and distributors in more than 30 countries. In 2000, it had a turnover of NOK 353m. The company employs approximately 230 people. Financial Calendar 2001-2002 -- November 13: Nine-month report -- February 21, 2002: Year-end report for 2001 -- March 2002: Annual Report for 2001 Ratos is a listed private equity company. The business concept is to maximise shareholder value over time by investing in, developing and divesting primarily unlisted companies. Ratos thus offers stock market players a unique investment opportunity. The net asset value of Ratos's investments is approximately SEK SEK In currencies, this is the abbreviation for the Swedish Krona. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 9 billion. Ratos's holdings include Arcorus, Atle Industri, Camfil, Capona, Dahl dahl n. 1. See pigeon pea. 2. or dal A thick creamy East Indian stew made with lentils or other legumes, onions, and various spices. , DataVis, DIAB, Dynal Biotech, Esselte, Exceed, Gadelius KK, Haendig, Haglofs, Hilding Anders, Hilton Group, HL Display, Industri Kapital, Intervect, Kronans Droghandel, Lindab, Martinsson, Programmera, Q-Labs, Superfos, Telelogic and Telia Overseas. This information was brought to you by Waymaker http://www.waymaker.net. |
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