M&A Deal Summary

Freudenberg Medical Acquires Merit Medical Hypotube Manufacturing Business

On September 8, 2020, Freudenberg Medical acquired medical products company Merit Medical Hypotube Manufacturing Business from Merit Medical

Acquisition Highlights
  • This is Freudenberg Medical’s 4th transaction in the Medical Products sector.
  • This is Freudenberg Medical’s 3rd transaction in the United States.
  • This is Freudenberg Medical’s 1st transaction in Utah.

M&A Deal Summary
Date 2020-09-08
Target Merit Medical Hypotube Manufacturing Business
Sector Medical Products
Buyer(s) Freudenberg Medical
Sellers(s) Merit Medical
Deal Type Divestiture

Target

Merit Medical Hypotube Manufacturing Business

South Jordan, Utah, United States
Merit Medical Hypotube Manufacturing Business includes manufacturing equipment for laser-cut hypotubes and access to additional technology. Merit Medical will supply Cambus Medical with PTFE coated tubing and wire to ensure uninterrupted product supply for all existing customers.

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Buyer(S) 1

Buyer

Freudenberg Medical

Carpinteria, California, United States
Category Company
Founded 1984
Sector Medical Products
DESCRIPTION

Freudenberg Medical LLC is a designer and manufacturer of innovative medical device technologies.

DEAL STATS #
Overall 5 of 5
Sector (Medical Products) 4 of 4
Type (Divestiture) 2 of 2
State (Utah) 1 of 1
Country (United States) 3 of 3
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-08-18 Hemoteq AG

Wuerselen, Germany

Hemoteq AG is a developer of innovative coating solutions for combination products like drug eluting stents, as well as coatings for catheters and cochlear implants, and is the market leader for drug-coated balloon catheters.

Buy -

Seller(S) 1

SELLER

Merit Medical

South Jordan, Utah, United States
Category Company
Founded 1987
Sector Medical Products
Employees6,950
Revenue 1.3B USD (2023)
DESCRIPTION

Merit Medical is engaged in development, manufacture and distribution of proprietary disposable medical devices used in interventional and diagnostic procedures, particularly in cardiology, radiology and endoscopy. Merit Medical was founded in 1987 and is based in South Jordan, Utah.

DEAL STATS #
Overall 1 of 1
Sector (Medical Products) 1 of 1
Type (Divestiture) 1 of 1
State (Utah) 1 of 1
Country (United States) 1 of 1
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-17 Brightwater Medical

Mountain View, California, United States

Brightwater Medical, Inc. is a developer of ConvertX is a single device used to replace a series of devices and procedures used to treat severe obstructions of the ureter. Brightwater Medical was founded in 2014 and is based in Mountain View, California.

Buy $35M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-06-08 AngioDynamics Dialysis Catheter Portfolio & BioSentry Biopsy Tract Sealant System

Latham, New York, United States

AngioDynamics' Dialysis Catheter Portfolio & BioSentry Biopsy Tract Sealant System provides dialysis catheter products.

Buy $100M
Mergr

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