Announced
Financials
Sources
Tags
medical equipment
Pending
Natural
intravascular devices
Germany
Medical Equipment
medical instrumentation
nonvascular devices
medical technology
medical devices
Acquisition
Private
Single Bidder
Private Equity
Synopsis
The Lubrizol acquires Bavaria Medizin Technologie, an innovative designer, and manufacturer of intravascular and nonvascular devices by its German subsidiary Lubrizol Deutschland from its current majority shareholder Custos Vermögensverwaltungs as well as from the minority shareholders. Financial terms were not disclosed. The acquisition of BMT expands Lubrizol’s product design, development, and manufacturing expertise and provides access to proprietary catheter and balloon technologies. “Lubrizol continues to invest in opportunities that position us as a full-service development partner for innovative OEMs in the interventional space,” Uwe Winzen, General Manager of Lubrizol LifeSciences.
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