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C.W. Downer & Co. Assists Capintec, Inc. with Sale to Eczacibaşi-Monrol

BOSTON, January 9, 2013 – C.W. Downer & Co., a leading global middle-market investment bank, is pleased to announce that Capintec, Inc., the world’s best known brand in the field of radiation measurement and protection products for nuclear medicine, has been sold to Eczacibaşi-Monrol Nuclear Products of Turkey. The deal closed on November 30, 2012 and the financial terms were not disclosed.

Founded in 1964, Capintec is the leading worldwide manufacturer of state-of-the-art radiation measuring and monitoring instruments used in nuclear medicine, nuclear cardiology, oncology, endocrinology, diagnostic radiology, and radiation therapy applications. The company is headquartered in Ramsey, NJ, with a production plant in Pittsburg, PA. This acquisition will allow Eczacibaşi-Monrol to market proprietary Capintec products to its customers through distribution channels in Turkey and other global markets as well as to bring Eczacibaşi-Monrol products to North America.

Headquartered in Gebze, Turkey, Eczacibaşi-Monrol produces high quality radiopharmaceuticals for the nuclear medicine market at seven production facilities in Turkey and four plants in Romania, Egypt, Kuwait and Dubai. The company plans to open three new plants in Bulgaria, Jordan and Poland in 2013.

“We are particularly pleased that our global reach allowed us to identify the best strategic buyer for Capintec worldwide,” said Arthur Gottlieb, Managing Director & Partner with C.W. Downer & Co. “This transaction will enable Monrol to pursue its international corporate development strategy while ensuring the continued growth and success of Capintec,” he continued. “It is a win for all parties.”

The C.W. Downer & Co. team assisting Capintec with the sale included Mr. Gottlieb (Managing Director & Partner), Taso Skalkos (Associate), and Ruta Laukien (Advisory Director).

About C.W. Downer & Co.

C.W. Downer & Co. is an independent, global investment bank offering middle-market clients a high level of personal attention coupled with 38 years of international execution experience. We provide insight, not just information. We generate value, not just transactions. With nine fully integrated offices on four continents, we consistently identify the most appropriate strategic buyer and uncover “hidden” acquisition targets. C.W. Downer & Co. delivers the reach of a bulge-bracket investment bank with the senior level focus of a boutique. For more information, visit http://www.cwdowner.com.

For Further Information:

Arthur Gottlieb, Managing Director & Partner
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Patti Allan, Marketing Director
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C.W. Downer & Co.
+1 617 482 6200

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