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  6. C. R. Bard Acquires Source Tech Medical

M&A Deal Summary

C. R. Bard Acquires Source Tech Medical

On June 16, 2003, C. R. Bard acquired medical products company Source Tech Medical

Acquisition Highlights
  • This is C. R. Bard’s 5th transaction in the Medical Products sector.
  • This is C. R. Bard’s 6th transaction in the United States.
  • This is C. R. Bard’s 1st transaction in Illinois.

M&A Deal Summary
Date 2003-06-16
Target Source Tech Medical
Sector Medical Products
Buyer(s) C. R. Bard
Deal Type Add-on Acquisition

Target

Source Tech Medical

Carol Stream, Illinois, United States
Source Tech Medical LLC, is a developer, manufacturer and marketer of iodine radioactive isotope seeds used in brachytherapy procedures for the treatment of prostate cancer, headquartered in Carol Stream, Illinois,

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Buyer(S) 1

Buyer

C. R. Bard

Murray Hill, New Jersey, United States
Category Company
Founded 1907
Sector Medical Products
Employees14,900
Revenue 3.7B USD (2016)
DESCRIPTION
Entrance to C. R. Bard's corporate headquarters in Murray Hill, New Jersey.
Entrance to C. R. Bard's corporate headquarters in Murray Hill, New Jersey.

C. R. Bard, Inc. is a multinational developer, manufacturer, and marketer of innovative, life-enhancing medical technologies in the fields of vascular, urology, oncology, and surgical specialties. C. R. Bard was formed in 1907 and is based in Murray Hill, New Jersey.

DEAL STATS #
Overall 7 of 23
Sector: Medical Products M&A 5 of 18
Type: Add-on Acquisition M&A Deals 7 of 22
State: Illinois M&A 1 of 1
Country: United States M&A 6 of 22
Year: 2003 M&A 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1996-09-18 IMPRA

Tempe, Arizona, United States

Impra Inc., a maker of vascular grafts used for blood vessel replacement surgery.

Buy $143M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2003-11-14 Prostate Services Of America

Singer Island, Florida, United States

Prostate Services Of America, Inc., offers products and services of brachytherapy seeds and equipment.

Buy -
Mergr

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