Photo for illustrative purposes only, showing a mesh used for hernia surgeries.

Swedish medtech company Bactiguard buys Malaysian halal-certified medical devices firm Vigilenz


Swedish medical technology company Bactiguard has acquired Malaysian medical devices firm Vigilenz.

The deal is valued at $4.5 million in cash and the equivalent of $2 million in shares, Bactiguard said in a statement on Tuesday (Feb 4).

Bactiguard will assume net debt of close to  12 million kronas ($1.2 million) as a result of the acquisition.

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Acquisition