Medical supplies company Ebos has bought Australian company Crown Scientific.
Crown Scientific, a distributor of scientific consumables and equipment, has revenue of over A$30 million ($35.3 million), compared with Ebos' revenue of around $300 million.
Ebos expected the purchase to be earnings positive immediately. It hadno plans to merge Crown with its other Australian scientific supplies company, Quantum Scientific.
Ebos has just completed a $17.5 million share placement to partly fund the $86 million purchase of pharmaceutical wholesaler PRNZ, following an $11.7 million share placement. Ebos has also bought Australian companies Vital Medical Supplies and Tasmanian Medical Supplies.
