Agfa-Gavaert might consider selling radiology unit
Agfa-Gavaert [EBR: AGFB], the Belgian digital imaging systems and IT solutions company, might consider selling its radiology unit, De Tijd reported. The Belgian business daily cited CEO Christian Reinaudo.
In a lengthy interview, Reinaudo remarked he would like to make the radiology unit profitable by itself, but if he does not succeed, he could consider selling the unit. The CEO added that another possibility would be to acquire a partner for it.
Agfa-Gavaert has pension debts of EUR 1bn and needs capital, the report said. The company therefore recently announced that it was selling a part of Agfa Healthcare.
CEO Reinaudo told De Tijd there is certainly more than one suitor for the healthcare unit, and that the sales process will start after the summer.
Talking about the stimulating growth of Agfa-Gavaert as a whole, the CEO said that with that scope, he might make acquisitions. He did not elaborate.
Agfa-Gavaert has 10,000 staff and revenues of EUR 2.2bn, the item added.