BRUSSELS, Belgium (May 19, 2008) — Advanced Medical Solutions Group P.L.C. said it will buy part of a subsidiary of foam manufacturer Recticel S.A. as part of a new joint venture.
AMS will purchase 49.4 percent of subsidiary Corpura B.V., which develops and produces hydrophilic polyurethane foams for the medical and cosmetic markets in Etten Leur, Netherlands, the company said.
The deal is expected to close May 30.