Siemens Healthineers Sees Bolt-On M&A Deals to Boost Growth (2)

Siemens Healthineers AG is open to acquiring companies to accelerate growth, while ruling out major deals as it works to slash debt taken for the $16.4 billion purchase of Varian Medical Systems.

The medical-imaging manufacturer could acquire smaller players, Chief Financial Officer Jochen Schmitz said in an interview with Bloomberg News, and is open to additions across its portfolio of businesses as the boom in health-care spending resumes.

Jochen Schmitz, right, at the Frankfurt Stock Exchange.

Photographer: Alex Kraus/Bloomberg

“There are fields like interventional oncology, like oncology-as-a-service where potentially certain additions through M&A could make sense,” he said.

Like health-care companies around the world, Healthineers’s revenues slipped last year ...