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Halma completed the acquisition of IZI Medical Products from Shore Capital for $168m.

Synopsis

Halma, the global group of life-saving technology companies, completed the acquisition of IZI Medical Products, a designer, manufacturer and distributor of medical consumable devices, from Shore Capital, a private equity firm, for $168m. "Our purpose is to improve patients' lives with physician-led innovation. This vision aligns to Halma's when it comes to improving quality of care delivered by healthcare providers. Many physicians started using our technologies in medical school and have continued to do so throughout their careers. Joining the Halma group will take IZI Medical Products to the next level, adding R&D, commercial and international growth opportunities that will help us in our journey to advance healthcare for patients worldwide," Greg Groenke, IZI Medical Products CEO.

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