KEY POINTS:
Medical supplies company Ebos has bought Australian company Crown Scientific.
Crown Scientific, a distributor of scientific consumables and equipment, has revenue of over A$30 million ($35.3 million), compared with Ebos' revenue of around $300 million.
Ebos expected the purchase to be earnings positive immediately. It had no plans to merge Crown with its other Australian scientific supplies company, Quantum Scientific.
Ebos has just completed a $17.5 million share placement to partly fund the $86 million purchase of pharmaceutical wholesaler PRNZ, following an $11.7 million share placement. Ebos has also bought Australian companies Vital Medical Supplies and Tasmanian Medical Supplies.