Dexcom, Inc. Announces Acquisition of its Distributor in Germany, Switzerland and Austria
May 02 2016 - 4:05PM
Business Wire
Dexcom, Inc. (NASDAQ:DXCM) announced today that it has entered
into a definitive agreement to acquire Nintamed, a distribution
company with presence in Germany, Switzerland and Austria. Nintamed
has served as Dexcom’s exclusive distributor in these countries for
six years.
"The acquisition of Nintamed represents another step forward in
our mission to improve access to our leading CGM technologies
globally. As we expand our international footprint, these countries
represent attractive markets for Dexcom and Nintamed’s team leaves
us well positioned to drive continued strong growth there," said
Kevin Sayer, President and Chief Executive Officer of Dexcom.
"Since introducing our CGM system to these countries several years
ago, Nintamed, through the leadership of Rudolf Messer, has
developed deep knowledge and relationships in the diabetes
community. Together, I am confident we will increase the awareness
of the tremendous benefits Dexcom’s technologies can deliver to
patients throughout this region.”
Nintamed will operate closely with Dexcom’s new international
headquarters operations in Edinburgh, Scotland.
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version on businesswire.com: http://www.businesswire.com/news/home/20160502006095/en/
Dexcom, Inc.Steven R. PacelliExecutive Vice President, Strategy
and Corporate Development(858) 200-0200www.dexcom.com
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