UDG eyes more acquisitions in healthcare communications

With more than 100 million euros in its war chest, UDG Healthcare Plc is seeking acquisitions to expand its contract outsourcing and healthcare communications business, company executives said on Thursday.

The business, already the biggest contributor to the Dublin-based company's operating profit, publishes case studies, magazines and provides public relations services in the medical business.

"The healthcare communications market is still very fragmented so there's some very nice opportunities to consolidate," UDG Chief Operating Officer Brendan McAtamney told Reuters. "We will look to add complementary assets."

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