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News

Varian acquires Pan-Pacific Enterprises to enhance sales in China

Varian : 27 December, 2007  (New Product)
Varian Medical Systems hasacquired Pan-Pacific Enterprises, the largest independent distributor of medical X-ray tubes in China, for the purpose of marketing, sales, and distribution of Varian X-ray imaging products in China.
Varian has acquired the privately held business for approximately $2 million in cash plus an additional amount based on achievement of specified milestones. Pan-Pacific has been an independent distributor of imaging components, including Varian X-ray tubes, in China since 1991.

'This acquisition significantly enhances the Varian sales channel for X-ray tubes and flat panel image detectors in China,' said Bob Kluge, president of Varian Medical Systems' X-ray Products business. 'We intend to grow our X-ray Products business in China and the experienced Pan-Pacific team will be instrumental in helping us achieve that objective. Our business specialises in delivering cost competitive, high performance components for X-ray imaging and they are well-suited to serve the growing market for high-quality imaging products in China.'

Pan-Pacific Enterprises, which has approximately 30 employees working at facilities in Beijing and Shanghai, will operate within Varian's X-ray Products business segment.
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