M&A Deal Summary

Cochlear Acquires Crystalaid Manufacture Pty

On December 19, 2006, Cochlear acquired electronics company Crystalaid Manufacture Pty for 19M USD

Acquisition Highlights
  • This is Cochlear’s 1st transaction in the Electronics sector.
  • This is Cochlear’s largest (disclosed) transaction.
  • This is Cochlear’s 1st transaction in Australia.

M&A Deal Summary

Date 2006-12-19
Target Crystalaid Manufacture Pty
Sector Electronics
Buyer(s) Cochlear
Deal Type Add-on Acquisition
Deal Value 19M USD

Target

Crystalaid Manufacture Pty

Newstead, Australia
website
Crystalaid Manufacture Pty Ltd. is a manufacturer and supplier of certain parts and accessories of the cochlear implant system external to the body.

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Buyer(S) 1

Buyer

Cochlear

Sydney, Australia

website


Category Company
Founded 1981
Sector Medical Products
Employees4,000
Revenue 1.3B AUD (2020)
DESCRIPTION

Cochlear provides an implantable hearing solutions. Cochlear was founded in 1981 and is based in Sydney, Australia.


DEAL STATS #
Overall 1 of 1
Sector (Electronics) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Australia) 1 of 1
Year (2006) 1 of 1
Size (of disclosed) 1 of 1