M&A Deal Summary

Argon Medical Devices Acquires Angiotech - Interventional Products Business

On March 25, 2013, Argon Medical Devices acquired medical products company Angiotech - Interventional Products Business from Surgical Specialties for 363M USD

Acquisition Highlights
  • This is Argon Medical Devices’ 2nd transaction in the Medical Products sector.
  • This is Argon Medical Devices’ largest (disclosed) transaction.
  • This is Argon Medical Devices’ 2nd transaction in the United States.

M&A Deal Summary
Date 2013-03-25
Target Angiotech - Interventional Products Business
Sector Medical Products
Buyer(s) Argon Medical Devices
Sellers(s) Surgical Specialties
Deal Type Divestiture
Deal Value 363M USD

Target

Angiotech - Interventional Products Business

United States
The Interventional Products Business manufactures and markets disposable and re-usable biopsy products for the diagnosis of cancer, drainage catheter products, and vascular interventional products.

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Buyer(S) 1

Buyer

Argon Medical Devices

Plano, Texas, United States
Category Company
Founded 1972
Sector Medical Products
DESCRIPTION

Argon Medical Devices, Inc. is a manufacturer and supplier of specialty single-use vascular interventional and pressure monitoring devices utilized in the cardiology, radiology and critical care market segments. Argon Medical Devices was founded in 1972 and is based in Plano, Texas.

DEAL STATS #
Overall 2 of 6
Sector (Medical Products) 2 of 4
Type (Divestiture) 2 of 3
Country (United States) 2 of 5
Year (2013) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-10-04 Becton Dickinson - Critical Care & Extended Dwell Catheter Product

Franklin Lake, New Jersey, United States

Becton, Dickinson and Co. - Critical Care & Extended Dwell Catheter Product consisting of blood pressure monitoring devices, and central venous, pulmonary artery and extended dwell catheters.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-09-09 Promex Technologies

Franklin, Indiana, United States

US Biopsy is a manufacturer of soft tissue biopsy products including the TLAB Transjugular Liver Biopsy Instrument (TLAB).

Buy -

Seller(S) 1

SELLER

Surgical Specialties

Westwood, Massachusetts, United States
Category Company
Sector Medical Products
DESCRIPTION

Surgical Specialties is a medical device company that develops and markets innovative technologies and medical products primarily for local diseases or for complications associated with medical device implants, surgical interventions, and acute injury.

DEAL STATS #
Overall 2 of 2
Sector (Medical Products) 2 of 2
Type (Divestiture) 2 of 2
Country (United States) 1 of 1
Year (2013) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-11-17 Lifespan Vascular Graft Manufacturing Business

Canada

Lifespan Vascular Graft Manufacturing Business is a developer, manufacturer and marketer of disposable and implantable vascular devices to address the needs of vascular surgeons.

Sell $3M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-26 FSSB Chirurgische Nadein GMBH

Jestetten, Germany

FSSB Chirurgische Nadein GMBH is a provider of needles for use in surgery including micro, ophthalmic and standard surgical needles.

Buy -
Mergr

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