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Announced

Completed

Axonics completed the acquisition of Contura for $200m.

Financials

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Transaction Value£143m
Consideration TypeCash, Ordinary Shares
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Medical Equipment

medical devices

Private

Acquisition

United Kingdom

Cross Border

Friendly

Completed

Majority

Single Bidder

Synopsis

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Axonics Modulation Technologies, a medical technology company, completed the acquisition of Contura, a medical devices manufacturer, for $200m. “This acquisition is highly synergistic, leverages our expansive commercial footprint and gives us the opportunity to expand our SNM business around the world. Axonics will provide urogynecologists and urologists with a complete suite of clinically differentiated incontinence solutions for their patients, thereby enhancing Axonics’ value proposition to new and existing customers," Raymond W. Cohen, Axonics CEO.

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