Divestiture • Medical Products

Argon Medical Devices Acquires Becton Dickinson and Co. - Critical Care & Extended Dwell Catheter Product

On October 4, 2010, Argon Medical Devices acquired medical products company Becton Dickinson and Co. - Critical Care & Extended Dwell Catheter Product from Becton Dickinson

Acquisition Context
  • This is Argon Medical Devices’ 1st transaction in the Medical Products sector.
  • This is Argon Medical Devices’ 1st transaction in the United States.
  • This is Argon Medical Devices’ 1st transaction in New Jersey.

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M&A Deal Summary

Date October 4, 2010
Target Becton Dickinson and Co. - Critical Care & Extended Dwell Catheter Product
Sector Medical Products
Buyer(s) Argon Medical Devices
Sellers(s) Becton Dickinson
Deal Type Divestiture

Target Company

Becton Dickinson and Co. - 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.
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Buyer Overview 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 Context for Buyer #
Overall 1 of 7
Sector: Medical Products 1 of 5
Type: Divestiture 1 of 4
State: New Jersey 1 of 1
Country: United States 1 of 5
Year: 2010 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-03-25 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.

Buy $363M

Seller Profile 1

SELLER

Becton Dickinson

Franklin Lake, New Jersey, United States

Category Company
Founded 1897
Sector Medical Products
Employees70,000
Revenue 20.2B USD (2024)
DESCRIPTION

Becton Dickinson is a global medical technology company that develops, manufactures and sells medical devices, instrument systems and reagents. The Company is dedicated to improving people's health throughout the world. Becton Dickinson was incorporated in 1897 and is headquartered in Franklin Lake, New Jersey.


Deal Context for Seller #
Overall 3 of 8
Sector: Medical Products 3 of 7
Type: Divestiture 3 of 8
State: New Jersey 1 of 3
Country: United States 3 of 8
Year: 2010 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-10-23 HandyLab

Ann Arbor, Michigan, United States

HandyLab, Inc., an Ann Arbor, Michigan-based company that develops and manufactures molecular diagnostic assays and automation platforms.

Buy $275M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-02-07 Accuri Cytometers

Ann Arbor, Michigan, United States

Accuri Cytometers, Inc. was founded to address a compelling need: life scientists love the rapid cell-by-cell analysis capability of flow cytometers, but too few have a flow cytometer in their lab. The barriers for most researchers include cost of the instrument, complexity of the software, effort required for maintenance, and the large amount of bench space required for the instrument.

Buy -