Press Release Excerpt
We are pleased to announce that Brookwood Associates advised Ali Group in the divestiture of the Healthcare Technology business and assets of its InterMetro Industries business unit ("Metro"), to TouchPoint International. Metro, which Ali purchased from Emerson (NYSE:EMR) in 2015, is the world’s leading manufacturer of storage and transport solutions for the foodservice, healthcare, and commercial markets. This divestiture of Metro’s mobile computing, mobile medication, and automated pharmaceutical dispensing business allows Ali to concentrate on Metro’s core foodservice equipment and commercial offerings.
Brookwood represented Ali in the 2015 purchase of Metro and in this subsequent divestiture. The transaction highlights our successful record of advising international and U.S. clients in significant buy-side and sell-side M&A transactions – and extends our extensive experience in the healthcare products sector.