HB Healthcare has been acquired by ResMed
The private shareholders of HB Healthcare have sold a majority stake in the company to ResMed for US$5 million.
HB Healthcare is an active player in the medical device rental and sales business in South Korea. The company enjoys a strong relationship with hospitals and good reputation among patients.
ResMed is a San Diego, California-based medical equipment company. It deals primarily in equipment for the treatment of sleep-related breathing disorders, including sleep apnea, chronic obstructive pulmonary disease and other respiratory conditions.
Oaklins' team in South Korea advised the seller in this transaction.
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