Announced
Completed
Financials
Tags
clinical solutions
medical devices
Medical Equipment
United States
Public
Acquisition
Completed
Friendly
Single Bidder
Synopsis
Teleflex, a medical technologies provider has completed its acquisition of Vascular Solutions, a medical device company focused on developing unique clinical solutions for coronary and peripheral vascular procedure for £795m. "Similar to Vidacare and LMA, this transaction represents an opportunity to acquire a company that meets our key M&A objectives, which include obtaining a product portfolio that fits into our existing strategic business unit franchises and call points, thereby allowing for synergy generation; products that provide a superior clinical benefit to existing alternatives and a cost benefit to hospitals; long product life cycles that benefit from patent protection; and the ability to further improve our financial profile.” Benson Smith, Teleflex Chairman and Chief Executive Officer.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.