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New Deal


Announced

Completed

ATL Technology completed the acquisition of Gyrus Medical's manufacturing operations from Olympus Surgical Technologies Europe.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Completed

Friendly

Manufacture of medical supplies

United Kingdom

Private

Acquisition

dental instruments

Medical Supplies

Majority

Single Bidder

Infrastructure

Cross Border

Synopsis

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ATL Technology, a medical contract manufacturer with a focus on custom interconnect solutions and related assemblies for medical devices, completed the acquisition of Gyrus Medical's manufacturing operations from Olympus Surgical Technologies Europe, a development and manufacturing center for endoscopy, bipolar high-frequency surgery, systems integration in operating rooms and instrument reprocessing systems. Financial terms were not disclosed. “This is a very strategic event for ATL. We look forward to incorporating Gyrus’ capabilities into ATL’s existing offerings and to expand our global footprint deeper onto the European continent,” Joe Glover ATL Technology CEO.

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