lohud.com

Sponsored by:

Business in the Burbs

Movers, shakers and newsmakers

AFP Imaging sells unit to Italian company

July
31

AFP Imaging Corp., an Elmsford-based supplier of medical imaging systems, said that it sold its Italian Quantitative Radiology subsidiary to Cefla Capital Services SpA in a stock transaction.

Cefla’s dental group, based in Imola, Italy, is a major manufacturer of dental equipment. AFP said that it will use the proceeds from the sale to reduce debt, increase working capital and better position the company for expansion. Financial terms of the sale were not disclosed.

This entry was posted on Friday, July 31st, 2009 at 1:45 pm by Jay Loomis. You can follow any responses to this entry through the RSS 2.0 feed.
Category: Acquisitions

|

Advertisement

Advertisement
About this blog
Business in the Burbs is our online news blog about businesses based or operating in the Lower Hudson Valley. Visitors here will also find items of interest to consumers in the region. Most contributions are from business reporters and editors covering Westchester, Rockland and Putnam counties.

Subscribe

Get blog updates via email:




About the Authors

Categories

Other recent entries




Links

Monthly Archives