News | February 18, 2008

Elekta to Acquire CMS

February 19, 2008 – Elekta signed a purchase agreement to acquire CMS Inc., a deal valuing $75 million that is expected to close in March.

St Louis, Missouri-based CMS is owned primarily by a private equity fund, and is managed by the U.S. investment bank Brown Brothers Harriman. The company has 300 employees worldwide. In fiscal year 2007), the company grew its order intake by 21 percent to $61 million.

Elekta predicts the acquisition to result in accretion to earnings on a cash basis in fiscal year 2008/09 and onwards, a neutral effect on EPS in fiscal year 2008/09 and accretion thereafter and preserved balance sheet strength and financial flexibility.

For more information: ww.cmsrtp.com, www.elekta.com

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