Ultralase sold for £174 million to 3i
Dave Allamby | Jan 09, 2008 | Comments 2
British private equity firm 3i has agreed to buy Ultralase from Spain’s cosmetic surgery group Dermoestetica. The Spanish group said the price was 174.5 millon pounds (238 million euros, 348 million dollars). There is an exclusivity period on this deal until January 30 2008. 3i made an approach to Dermoestetica just recently in November 2007.Dermoestetica has 90 clinics across Europe and is a leading cosmetic surgery provider. It bought the British firm Ultralase in 2005 for 29 million pounds in 2005. With a bump in price of £145 million in 2 years, or a mere £200,000 per day, the Spanish group will be all smiles, and no glasses!
hi Stevie
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Best regards,
Eleonora 
Hi Marie
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