Acquisition of Foshan United Medical strengthens its position as a vertically integrated, full‑service supplier in the global advanced wound care market
WEINHEIM - Freudenberg Performance Materials has acquired Foshan United Medical (UMT), a China‑based specialist in advanced wound care products, in a move aimed at building a full‑service offering for global healthcare customers.
The sellers are UMT founder and CEO Dr Xiaodong Wang and a private Chinese founding partner with the financial terms of the deal not disclosed.
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