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TNSC To acquire the entire capital of Pacific Medico
“Taiyo Nippon Sanso has reached an agreement with Pacific Medico to acquire their entire capital. Although talks are still going on actual acquisition of the stock is scheduled for October 1 this year.
Pacific Medico has an advantage in the development and marketing of products to meet a wide variety of needs in the area of respiratory care. In particular the company holds the largest market share in Japan regarding the home ventilator system for tracheotomy patients.
With acquisition of Pacific Medico, Taiyo Nippon Sanso will expand into the advanced medical equipment business on a full scale basis, aiming at an expansion of its respiratory care business. In addition, the company will put effort in into the area of sleep care, to cope, for example, with the sleep apnea syndrome (SAS).”