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M&A Deal Summary

Medrad Acquires Possis Medical

On February 14, 2008, Medrad acquired medical products company Possis Medical for 361M USD

Acquisition Highlights
  • This is Medrad’s 1st transaction in the Medical Products sector.
  • This is Medrad’s largest (disclosed) transaction.
  • This is Medrad’s 1st transaction in the United States.
  • This is Medrad’s 1st transaction in Minnesota.

M&A Deal Summary
Date 2008-02-14
Target Possis Medical
Sector Medical Products
Buyer(s) Medrad
Deal Type Add-on Acquisition
Deal Value 361M USD

Target

Possis Medical

Minneapolis, Minnesota, United States
Possis Medical, Inc. is a provider of mechanical thrombectomy devices used to stenotic arteries and veins.

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Buyer(S) 1

Buyer

Medrad

Indianola, Pennsylvania, United States
Category Company
Founded 1964
Sector Medical Products
DESCRIPTION

Medrad, Inc. is a manufacturer and distributor of high tech medical devices that enable or enhance diagnostic and therapeutic medical procedures for computed tomography, magnetic resonance, and cardiovascular applications.

DEAL STATS #
Overall 1 of 1
Sector: Medical Products M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Minnesota M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2008 M&A 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-09-01 Pathway Medical Technologies

Kirkland, Washington, United States

Pathway Medical Technologies, Inc. is a manufacture of medical products to mechanically remove arterial plaque.

Sell €88M
Mergr

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