B Braun Melsungen will take full control of Aesculap, another German company in which it has had a majority stake since 1976. Following the takeover, B Braun will merge its own surgical business with Aesculap in response to the worldwide concentration in the surgical instruments market and the demand for price reduction from customers, says the company.
B Braun waited until it had increased its stake in Aesculap to just over 75% which ensured that it would...