June 15, 2015 / 8:51 AM / 2 years ago

Siemens wins first Canadian hospital services deal

FRANKFURT (Reuters) - Germany’s Siemens SIEGn.DE has won its first managed equipment services order from a Canadian hospital, worth C$154 million ($125 million) over 15 years, it said on Monday.

People enter a building of Siemens in Berlin November 6, 2014. REUTERS/Hannibal

The industrial group, which is carving out its healthcare business into an independent entity, said it would manage the majority of the medical imaging equipment for Ontario-based William Osler Health System.

The contract involves procuring, replacing and maintaining equipment for radiology and cardiology including ultrasound and X-ray machines made by Siemens and others.

Healthcare is the most profitable business of turbines-to-trains group Siemens, and accounted for about 18 percent of its sales in the last quarter.

Reporting by Georgina Prodhan; editing by Jason Neely

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