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  6. AJL Ophthalmic Acquires Addition Technology

M&A Deal Summary

AJL Ophthalmic Acquires Addition Technology

On January 24, 2013, AJL Ophthalmic acquired medical products company Addition Technology

Acquisition Highlights
  • This is AJL Ophthalmic’s 1st transaction in the Medical Products sector.
  • This is AJL Ophthalmic’s 1st transaction in the United States.
  • This is AJL Ophthalmic’s 1st transaction in California.

M&A Deal Summary
Date 2013-01-24
Target Addition Technology
Sector Medical Products
Buyer(s) AJL Ophthalmic
Deal Type Add-on Acquisition
Advisor(s) InterOcean Advisors (Financial)

Target

Addition Technology

Sunnyvale, California, United States
Addition Technology develops corneal implants for patients with moderate nearsightedness. The implants aid in reshaping the curvature of the cornea to correct vision. Based in Sunnyvale, California, the company serves customers within United States and internationally.

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Buyer(S) 1

Buyer

AJL Ophthalmic

Alava, Spain
Category Company
Founded 1992
Sector Medical Products
DESCRIPTION

AJL Ophthalmic is a manufacturer of medical products ranging from ophthalmology, airflow, and craniofacial reconstruction to veterinary equipment and accessories. AJL Ophthalmic was founded in 1992 and is based in Alava, Spain.

DEAL STATS #
Overall 1 of 1
Sector: Medical Products M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2013 M&A 1 of 1
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