Transaction|April 11, 2013
Prism Medical completes sale of UK Operations
Torys acted as counsel to Prism Medical with a team that included Mike Amm and Morgan Crockett.
On April 11, 2014, Prism Medical Ltd. (Prism Medical) announced that it completed the sale of its UK operations for cash consideration of £30.0 million (C$54.9 million). Pursuant to the sale and purchase agreement, a new company backed by LDC (Managers) Limited, acquired all of the shares of Prism UK Medical Limited, Prism Medical's UK holding company.
Prism Medical is a vertically integrated manufacturer and leading provider of durable medical equipment and related services used to move and handle mobility challenged individuals in a safe and dignified manner.
Further information can be found on Marketwired's website.