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Eckert & Ziegler to buy X-ray devices manufacturer

Eckert & Ziegler BEBIG SA is acquiring WOLF-Medizintechnik GmbH, a Germany-based manufacturer of X-ray devices for treating superficial skin tumors and joint diseases.

The company will fund the acquisition through cash on hand. Closing of the deal is expected by Jan. 1, 2018.

WOLF-Medizintechnik's Founder and Managing Director Andreas Wolf will remain in management after the completion of the deal.