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Japanese firm to buy Zoll Medical

Asahi Kasei deal valued at $2.2b; no layoffs planned

By Robert Weisman

 |  Globe Staff  

  March 13, 2012

Zoll Medical Corp., a Chelmsford-based maker of resuscitation devices for ambulances and critical-care products used in hospitals, said Monday that it has agreed to be bought by Japanese conglomerate Asahi Kasei Corp., in a deal valued at about $2.2 billion. The alliance will give Zoll the resources of a larger company to help it expand globally. Asahi Kasei, which sells everything from chemicals to electronics, plans to use Zoll as a platform to build its health care business.

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