M&A Deal Summary

Jostra AG Acquires Edwards Lifesciences - Bentley Line

On September 1, 2000, Jostra AG acquired medical products company Edwards Lifesciences - Bentley Line from Edwards for 30M USD

Acquisition Highlights
  • This is Jostra AG’s 1st transaction in the Medical Products sector.
  • This is Jostra AG’s largest (disclosed) transaction.
  • This is Jostra AG’s 1st transaction in Germany.

M&A Deal Summary

Date 2000-09-01
Target Edwards Lifesciences - Bentley Line
Sector Medical Products
Buyer(s) Jostra AG
Sellers(s) Edwards
Deal Type Divestiture
Deal Value 30M USD

Target

Edwards Lifesciences - Bentley Line

Germany
Edwards Lifesciences Corp. - Bentley Line is a manufacturer of medical products in Germany.

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Buyer(S) 1

Buyer

Jostra AG

Hirrlingen, Germany

Category Company
Sector Medical Products
DESCRIPTION

Jostra AG is a manufacturer and marketer of medical products.


DEAL STATS #
Overall 1 of 1
Sector (Medical Products) 1 of 1
Type (Divestiture) 1 of 1
Country (Germany) 1 of 1
Year (2000) 1 of 1
Size (of disclosed) 1 of 1

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 1 of 7
Sector (Medical Products) 1 of 4
Type (Divestiture) 1 of 6
Country (Germany) 1 of 1
Year (2000) 1 of 1
Size (of disclosed) 4 of 4
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2001-06-04 Edwards Lifesciences - U.S. Perfusion Services

Irvine, California, United States

Edwards Lifesciences Corp. - U.S. Perfusion Services is a provider of medical products in US.

Sell $45M