{"id":26730,"date":"2021-03-23T00:00:00","date_gmt":"2021-03-23T00:00:00","guid":{"rendered":"https:\/\/www.clairfield.com\/clairfield-advises-magnetica-on-its-merger-with-scientific-magnetics-and-tecmag\/"},"modified":"2022-08-18T10:10:22","modified_gmt":"2022-08-18T10:10:22","slug":"clairfield-advises-magnetica-on-its-merger-with-scientific-magnetics-and-tecmag","status":"publish","type":"post","link":"https:\/\/www.clairfield.com\/es\/clairfield-advises-magnetica-on-its-merger-with-scientific-magnetics-and-tecmag\/","title":{"rendered":"Clairfield advises Magnetica on its merger with Scientific Magnetics and Tecmag"},"content":{"rendered":"

\"\"Magnetica, an Australian medtech and engineering company specializing in next-generation Magnetic Resonance Imaging (MRI) technologies, merged with Scientific Magnetics, a world leader in cryogen-free superconducting magnets, and with Tecmag, a manufacturer of MRI, Nuclear Medical Resonance (NMR) and Nuclear Quadrupole Resonance Spectroscopy (NQR) instrumentation. The transaction also saw Avingtrans, a UK-based listed investment company invest GBP 3.2 million in the newly-formed business to fund new MRI product development and ongoing commercialization of existing prototype products developed by the individual entities to date.<\/p>\n

The transaction was highly synergistic and allowed Magnetica to move up the value chain to become a leading OEM and MRI systems integrator for a variety of medical markets. The transaction brought together a pedigree of MRI and NMR sub-system OEMs and is a transformational event for Magnetica, and the clinical and research MRI markets Magnetica serves and enables.<\/p>\n

Duncan Stovell, CEO of Magnetica, said: \u201cThe proposed merger with Scientific Magnetics and Tecmag will not only expand our product portfolio, but also provide access to core intellectual property, design specifications and key OEM in-house magnet manufacturing capability to allow us to move up the value chain.\u00bb<\/p>\n

Steve McQuillan, CEO of Avingtrans, said: \u201cWe believe this merger offers real potential to accelerate our planned move up the value chain in what is a highly-specialised and integrated, international medical imaging market. By combining the expertise of Magnetica, Scientific Magnetics and Tecmag in a single entity, there is an exciting opportunity to become a leading MRI systems integrator for a variety of niche markets, as well as the prospect of increasing accessibility to high-quality medical imaging around the world.\u201d<\/p>\n

Deal team:<\/p>\n

\u00a0<\/p>\n\n\n

\n
\n
\"Doyle\"<\/a><\/figure>\n\n\n\n

Sharon Doyle<\/a><\/p>\n<\/div>\n\n\n\n

<\/div>\n\n\n\n
<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Magnetica, an Australian medtech and engineering company specializing in next-generation Magnetic Resonance Imaging (MRI) technologies, merged with Scientific Magnetics, a world leader in cryogen-free superconducting magnets, and with Tecmag, a manufacturer of MRI, Nuclear Medical Resonance (NMR) and Nuclear Quadrupole Resonance Spectroscopy (NQR) instrumentation. The transaction also saw Avingtrans, a UK-based listed investment company invest …<\/p>\n","protected":false},"author":1,"featured_media":29079,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[347],"sector":[10],"class_list":["post-26730","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-notable-deals","sector-business-services"],"acf":{"intro_text":""},"yoast_head":"\nClairfield advises Magnetica on its merger with Scientific Magnetics and Tecmag - Clairfield<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.clairfield.com\/clairfield-advises-magnetica-on-its-merger-with-scientific-magnetics-and-tecmag\/\" \/>\n<meta property=\"og:locale\" content=\"es_ES\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Clairfield advises Magnetica on its merger with Scientific Magnetics and Tecmag - Clairfield\" \/>\n<meta property=\"og:description\" content=\"Magnetica, an Australian medtech and engineering company specializing in next-generation Magnetic Resonance Imaging (MRI) technologies, merged with Scientific Magnetics, a world leader in cryogen-free superconducting magnets, and with Tecmag, a manufacturer of MRI, Nuclear Medical Resonance (NMR) and Nuclear Quadrupole Resonance Spectroscopy (NQR) instrumentation. 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