SEED Co.,Ltd. acquired a further 78.05% stake in Sensimed AG from existing shareholders.
December 12, 2019
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SEED Co.,Ltd. (TSE:7743) acquired a further 78.05% stake in Sensimed AG from existing shareholders on December 13, 2019. Before this transaction, SEED was holding 12.55% stake and as a result of this transaction, SEED holds 90.6% stake in Sensimed.
SEED Co.,Ltd. (TSE:7743) completed the acquisition of a further 78.05% stake in Sensimed AG from existing shareholders on December 13, 2019.
Seed Co Ltd is a Japan-based company mainly engaged in the research, development, manufacture and sale of contact lenses, as well as the sale of contact lens care products and other products. The Contact Lens and Care Products segment sells contact lenses, care products, and related products. Contact lens products include hard lenses, soft lenses, disposable lenses, orthokeratology lenses, and related products such as optical instruments. Contact lens care products include preservatives, cleaning solutions, enzymatic cleaning solutions, chemical disinfectants, storage cases, and others. The other businesses include eyeglass frames, eyeglass fixtures, intraocular lenses, and others.