Industry
Healthcare
Company Profile
Richards Group (TSX: RIC) operates across two core segments, Healthcare and Packaging, serving a global customer base with market leading medical devices, supplies, and equipment, as well as a diverse offering of glass and plastic packaging solutions. Richards is the largest Canadian distributor in aesthetic, pharmacy, and vision care devices, and is the third largest packaging distributor in Canada, and is developing a medical device global OEM footprint. The company differentiates itself through product innovation, high touch service, and deep industry expertise. Luvo Medical Technologies is a leading Canadian provider of medical aesthetic technologies and solutions for clinics and healthcare professionals, offering products ranging from laser and IPL systems to radio frequency, microneedling, and more.NewPoint’s Role
NewPoint advised Richards in the valuation, negotiation, and closing of the transaction.Transaction Snapshot
Richards Group, through its subsidiary Luvo Medical Technologies Inc., has acquired Zimed® PF from Aequus Pharmaceuticals (TSX-V: AQS), the first preservative-free multi-dose Bimatoprost for glaucoma patients in Canada.Acquisitions
acquired select assets from
