Japan-based Hitachi has signed an agreement to acquire 75% stake in Turkey-based Kurt ve Kurt Ithalat Ihracat ve Mumessillik Anonim Sirketi (Kurt & Kurt).

Based in Ankara, Kurt & Kurt provides medical diagnostic systems and solutions to the customers in Turkey and Central Asia.

The company supplies ultrasound systems, MRI, CT, endoscope, PACS and medical solutions for hospital imaging centers.

Kurt & Kurt, which was established in 1977, will operate as a subsidiary of Hitachi from April 2017.

The acquisition will enable Hitachi to expand its services for hospital imaging centers in Turkey, Central Asia, as well as Middle East and Africa.

Hitachi's healthcare business provides diagnostic and clinical solutions for its customers.

The company’s solutions range from diagnostic or clinical systems such as particle therapy system to informatics solutions such as IT services and integrated community care system.

Hitachi offers its products and services in four regions, including Americas, Europe, China and Asia.

Hitachi's healthcare business unit CEO Masaya Watanabe said: “Turkey is positioned in the strategically and geographically important location to Europe, Middle East and Central Asia.

“After 33 years of successful partnership contributing to Turkey's Healthcare development, we recently have been providing not only our diagnostic systems, but also a various kinds of solutions to the medical facilities.”

Kurt & Kurt chairman and CEO Murat Balkan said: “Our long-term collaboration with Hitachi enabled us to achieve significant milestones in the establishment of Turkey's radiology experience.”

Image: Hitachi’s Toyokawa factory, at Toyokawa, Aichi, Japan. Photo: courtesy of Lombroso.