Sweden's Datamars pays more than $100M for Simcro as Riverside exits

Mon, 30 Apr 2018

By Jonathan Underhill April 30 (BusinessDesk) - Sweden's Datamars paid more than $100 million for Simcro according to the case summary from the Overseas Investment Office that cleared the transaction last month. The actual consideration was withheld in the summary, which gives the price range of the previously announced deal. Datamars specialises in radio frequency identification with "markets in companion animal ID, livestock ID and textile ID products," the OIO says. "Simcro Holdings makes application devices for the animal health i...

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