M&A Deal Summary

Getinge Acquires Boston Scientific - Cardiac Surgery & Vascular Surgery Businesses

On November 5, 2007, Getinge acquired medical products company Boston Scientific - Cardiac Surgery & Vascular Surgery Businesses from Boston Scientific for 750M USD

Acquisition Highlights
  • This is Getinge’s 3rd transaction in the Medical Products sector.
  • This is Getinge’s largest (disclosed) transaction.
  • This is Getinge’s 2nd transaction in the United States.

M&A Deal Summary
Date 2007-11-05
Target Boston Scientific - Cardiac Surgery & Vascular Surgery Businesses
Sector Medical Products
Buyer(s) Getinge
Sellers(s) Boston Scientific
Deal Type Divestiture
Deal Value 750M USD

Target

Boston Scientific - Cardiac Surgery & Vascular Surgery Businesses

United States
Boston Scientific Corp. - Cardiac Surgery & Vascular Surgery Businesses is a developer of medical technologies designed for use in surgical cardiac procedures, including beating-heart bypass surgery systems and endoscopic vessel harvesting for coronary bypass surgery.

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Buyer(S) 1

Buyer

Getinge

Gothenburg, Sweden

website

Category Company
Founded 1904
Sector Medical Products
Employees10,771
Revenue 29.8B SEK (2020)
DESCRIPTION

Getinge is a medical technology company that operates in the areas of surgery, intensive care, infection control, care ergonomics and wound care. Getinge was founded in 1904 and is based in Gothenburg, Sweden.

DEAL STATS #
Overall 4 of 10
Sector (Medical Products) 3 of 6
Type (Divestiture) 1 of 1
Country (United States) 2 of 6
Year (2007) 1 of 1
Size (of disclosed) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-06-09 Getinge La Calhène SAS

Vendome, France

La Calhène manufactures isolators and airtight transfer systems for the nuclear, pharmaceutical and food industries.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-01-25 Getinge-Heart Pump Technology

Sweden

Getinge-Heart Pump Technology, a minimally invasive, acute cardiac axial flow pump.

Sell $9M

Seller(S) 1

SELLER

Boston Scientific

Marlborough, Massachusetts, United States

website

Category Company
Founded 1979
Sector Medical Products
Employees45,000
Revenue 12.7B USD (2022)
DESCRIPTION
Entrance to Boston Scientific's corporate headquarters in Marlborough, Massachusetts.
Entrance to Boston Scientific's corporate headquarters in Marlborough, Massachusetts.

Boston Scientific is a medical technology company. Boston Scientific's products and technologies are used to diagnose or treat a wide range of medical conditions, including heart, digestive, pulmonary, vascular, urological, women's health, and chronic pain conditions. Boston Scientific was founded in 1979 and is based in Marlborough, Massachusetts.

DEAL STATS #
Overall 1 of 6
Sector (Medical Products) 1 of 4
Type (Divestiture) 1 of 5
Country (United States) 1 of 6
Year (2007) 1 of 2
Size (of disclosed) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-06-25 Remon Medical Technologies

Caesarea, Israel

Remon Medical Technologies Inc., is a privately held company based in Caesarea, Israel.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-12-13 Navilyst Medical

Marlborough, United States

Navilyst Medical, Inc. is a provider of innovative solutions for image-guided interventions delivering superior outcomes and reducing healthcare costs for medical professionals and their patients.

Sell $425M
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