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Paragon Care Expands Asia Reach with $70M Haju Medical Acquisition
8:41am on Monday 1st of December, 2025 AEDT
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Healthcare
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Paragon Care Expands Asia Reach with $70M Haju Medical Acquisition
8:41am on Monday 1st of December, 2025 AEDT
Key Points
Acquisition of 100% shares in PT Haju Medical Indonesia for A$70 million
A$30 million upfront payment with balance contingent on EBITDA targets over two years
Haju Medical reported A$30 million revenue and A$7.7 million EBITDA in FY24
Deal expected to be earnings accretive for Paragon Care in FY26
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