M&A Deal Summary

Smith & Nephew Acquires Reed Medical Designs

On February 9, 2004, Smith & Nephew acquired technology hardware company Reed Medical Designs

Acquisition Highlights
  • This is Smith & Nephew’s 1st transaction in the Technology Hardware sector.
  • This is Smith & Nephew’s 5th transaction in the United States.
  • This is Smith & Nephew’s 1st transaction in Indiana.

M&A Deal Summary

Date 2004-02-09
Target Reed Medical Designs
Sector Technology Hardware
Buyer(s) Smith & Nephew
Deal Type Add-on Acquisition

Target

Reed Medical Designs

Warsaw, Indiana, United States
Reed Medical Designs, Inc. is a provider of audio-visual (A/V) technology to hospitals and other healthcare institutions. A/V solutions improve operating room efficiency by facilitating audio and video communication and conferencing inside and outside the operating room. A/V systems typically include cameras, monitors, media control systems and amplifiers.

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Buyer(S) 1

Buyer

Smith & Nephew

Watford, United Kingdom

website


Category Company
Founded 1856
Sector Medical Products
Employees18,000
Revenue 5.2B USD (2022)
DESCRIPTION

Smith & Nephew is a British-based multinational medical equipment manufacturing company. Smith & Nephew was founded in 1856 and is based in Watford, the United Kingdom.


DEAL STATS #
Overall 5 of 34
Sector (Technology Hardware) 1 of 1
Type (Add-on Acquisition) 4 of 25
State (Indiana) 1 of 1
Country (United States) 5 of 21
Year (2004) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-01-23 HydroCision - Wound Debrider Versajet

United States

Versajet is a specialised fluid jet instrument enabling surgeons to easily remove damaged tissue and contaminants from surgical, traumatic and chronic wounds in a precise and safe manner. Approved for use in the United States, Canada and the European Union.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2004-03-19 Midland Medical Technologies

Vincent Drive, United Kingdom

Midland Medical Technologies Ltd is a provider of metal-on-metal hip resurfacing products.

Buy £67M