Add-on Acquisition • Medical Products

IBA Acquires Ora

On December 19, 2025, IBA acquired medical products company Ora

Acquisition Context
  • This is IBA’s 6th transaction in the Medical Products sector.
  • This is IBA’s 1st transaction in Belgium.

Explore All 2734 Add-on Acquisition Medical Products Deals - Search the Database Free


M&A Deal Summary

Date December 19, 2025
Target Ora
Sector Medical Products
Buyer(s) IBA
Deal Type Add-on Acquisition

Target Company

Ora

Neuville, Belgium
Ora is a company that develops, designs, and supplies automated PET radiopharmaceutical synthesizers (radiochemistry modules) and related software for use in the production of sterile injectable PET drug products. Ora was founded in 2006 and is based in Neuville, Belgium.
Explore More Deals

Browse All 215,158 Deals

FILTER BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Search Free

Buyer Overview 1

Buyer

IBA

Louvain-La-Neuve, Belgium

Category Company
Founded 1986
Sector Medical Products
Employees1,943
Revenue 498M EUR (2024)
DESCRIPTION

IBA develops innovative solutions by sharing ideas and know-how with customers, partners and leading experts to bring new solutions for the diagnosis and treatment of cancer and for the benefits of patients. IBA was founded in 1986 and is based in Louvain-La-Neuve, Belgium.


Deal Context for Buyer #
Overall 7 of 7
Sector: Medical Products 6 of 6
Type: Add-on Acquisition 6 of 6
Country: Belgium 1 of 1
Year: 2025 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-11-03 PhantomX

Berlin, Germany

PhantomX designs and manufactures highly realistic anatomical phantoms used for clinical imaging, diagnostic testing, and artificial intelligence validation in medical applications. The Company develops customizable, data-based physical models and phantom datasets that simulate human anatomy and pathology for use in CT, MRI, and related modalities. It serves healthcare institutions, research organizations, and AI developers in medical imaging. PhantomX was founded in 2019 and is headquartered in Berlin, Germany.

Buy -