M&A Deal Summary

Becton Dickinson Acquires Critical Care

On June 3, 2024, Becton Dickinson acquired medical products company Critical Care from Edwards for 4.2B USD

Acquisition Highlights
  • This is Becton Dickinson’s 13th transaction in the Medical Products sector.
  • This is Becton Dickinson’s 3rd largest (disclosed) transaction.
  • This is Becton Dickinson’s 22nd transaction in the United States.
  • This is Becton Dickinson’s 10th transaction in California.

M&A Deal Summary

Date 2024-06-03
Target Critical Care
Sector Medical Products
Buyer(s) Becton Dickinson
Sellers(s) Edwards
Deal Type Divestiture
Deal Value 4.2B USD

Target

Critical Care

Irvine, California, United States
Critical Care is a provider of advanced patient monitoring with advanced AI algorithms serving millions of patients globally. Critical Care is based in Irvine, California.

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Buyer(S) 1

Buyer

Becton Dickinson

Franklin Lake, New Jersey, United States

Category Company
Founded 1897
Sector Medical Products
Employees75,000
Revenue 19.4B USD (2023)
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. BD is focused on improving drug delivery, enhancing the quality and speed of diagnosing infectious diseases and cancers, and advancing research, discovery and production of new drugs and vaccines. Becton Dickinson was incorporated in 1897 and is headquartered in Franklin Lake, New Jersey.


DEAL STATS #
Overall 29 of 30
Sector (Medical Products) 13 of 13
Type (Divestiture) 3 of 3
State (California) 10 of 10
Country (United States) 22 of 23
Year (2024) 1 of 2
Size (of disclosed) 3 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-06-20 Becton Dickinson s Surgical Instrumentation Assets

Franklin Lake, New Jersey, United States

Becton, Dickinson, and Co.'s Surgical Instrumentation Assets comprise surgical instrumentation, laparoscopic instrumentation, and sterilization container assets that include V. Mueller, Snowden-Pencer, and Genesis branded products, which are well-known providers of surgical instruments and sterilization containers to Healthcare Customers.

Sell $540M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-06-10 Vyaire Medical

Mettawa, Illinois, United States

Vyaire Medical supports and improves the lives of patients with a laser focus on improving patient outcomes and increasing value for customers. The company was to serve healthcare customers with innovative device and service solutions across the respiratory and anesthesia continua of care. Vyaire's legacy brands have a 65-year track record of pioneering, innovating, and advancing respiratory diagnostics, ventilation, and anesthesia delivery & patient monitoring. From industry-pioneering brands that include Bird, Bear, and Jaeger to respected industry leaders AirLife, Vital Signs, Viasys, and many others - Vyaire Medical has nearly 27,000 distinct part numbers recognized, trusted, and preferred by specialists in the respiratory therapy and anesthesiology healthcare markets worldwide. Vyaire Medical was formed in 2016 and is based in Mettawa, Illinois.

Sell -

Seller(S) 1

SELLER

Edwards

Irvine, California, United States

Category Company
Founded 1958
Sector Medical Products
Employees19,800
Revenue 6.0B USD (2023)
DESCRIPTION
Entrance to Edwards Lifesciences' corporate headquarters in Irvine, California.
Entrance to Edwards Lifesciences' corporate headquarters in Irvine, California.

Edwards is focused on technologies that treat structural heart disease and critically ill patients. The Company is engaged in the development and commercialization of heart valve therapies. Edwards was founded in 1958 and is based in Irvine, California.


DEAL STATS #
Overall 7 of 7
Sector (Medical Products) 4 of 4
Type (Divestiture) 6 of 6
State (California) 6 of 6
Country (United States) 6 of 6
Year (2024) 1 of 1
Size (of disclosed) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-02-12 CAS Medical Systems

Branford, Connecticut, United States

CAS Medical Systems, Inc. is a designer, manufacturer, and marketer of FORE-SIGHT Tissue Oximetry., CAS Medical Systems was founded in 1984 and is based in Branford, Connecticut.

Buy $100M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-24 JenaValve Technology

Irvine, California, United States

JenaValve Technology specializes in developing transcatheter aortic valves that can be implanted via the femoral vein or an incision between two ribs. JenaValve Technology was founded in 2006 and is based in Irvine, California.

Buy -