M&A Deal Summary

American Biosurgical Acquires MTI Medical Cables

On March 3, 2015, American Biosurgical acquired medical products company MTI Medical Cables

Acquisition Highlights
  • This is American Biosurgical’s 1st transaction in the Medical Products sector.
  • This is American Biosurgical’s 1st transaction in the United States.
  • This is American Biosurgical’s 1st transaction in North Carolina.

M&A Deal Summary

Date 2015-03-03
Target MTI Medical Cables
Sector Medical Products
Buyer(s) American Biosurgical
Deal Type Add-on Acquisition

Target

MTI Medical Cables

Fletcher, North Carolina, United States
MTI Medical Cables LLC is a low volume custom medical cable manufacturer based in North Carolina.

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Buyer(S) 1

Buyer

American Biosurgical

Norcross, Georgia, United States

Category Company
Founded 1996
Sector Medical Products
DESCRIPTION

American Biosurgical, Inc. is a designer and manufacturer of cables, interconnects and assemblies for medical device OEMs. American Biosurgical, Inc. is a global provider of cables for SpO2 pulse oximeters. ABI has manufacturing facilities in Asheville, NC, and China, and supply chain management operations in Norcross, Los Angeles and Mexicali, Mexico.


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: North Carolina M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2015 M&A 1 of 1