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Philips acquires AGITO Medical to ramp up multi-vendor service capabilities

by Gus Iversen, Editor in Chief | February 15, 2018
Business Affairs European News Parts And Service
Philips has completed the acquisition of AGITO Medical, the Denmark-based provider of third-party service and refurbished imaging solutions.

According to a statement provided by Philips to HCB News, all 70+ AGITO employees will be brought under the fold of the new ownership.

"AGITO Medical will further strengthen Philips' Diagnostic Imaging business in the area of multi-vendor services," said the spokesperson.

Agito Medical has facilities in Denmark, France, Germany, Spain and the Netherlands, where it cooperates with numerous clinics, hospitals and laboratories, as well as with all major OEMs across Europe, according to the company's website.

In 2015, the company sold the general trading segment of its business to FAMECO, a move which enabled the company to focus exclusively on its imaging business, which was expanding rapidly at the time.

Philips would not disclose the financial details of the transaction.

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