M&A Deal Summary

Olympus Acquires Veran Medical Technologies

On December 4, 2020, Olympus acquired medical products company Veran Medical Technologies for 340M USD

Acquisition Highlights
  • This is Olympus’ 6th transaction in the Medical Products sector.
  • This is Olympus’ largest (disclosed) transaction.
  • This is Olympus’ 5th transaction in the United States.
  • This is Olympus’ 1st transaction in Missouri.

M&A Deal Summary

Date 2020-12-04
Target Veran Medical Technologies
Sector Medical Products
Buyer(s) Olympus
Deal Type Add-on Acquisition
Deal Value 340M USD

Target

Veran Medical Technologies

St. Louis, Missouri, United States
Veran Medical Technologies, Inc. is a privately held image guided medical device company focused on developing the next standard of care for minimally invasive delivery of interventional oncology therapies. Veran Medical Technologies is based in St. Louis, Missouri.

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Buyer(S) 1

Buyer

Olympus

Shinjuku-ku, Japan

Category Company
Founded 1919
Sector Diversified
Employees28,838
Revenue 936.2B JPY (2024)
DESCRIPTION
Olympus facility in Brooklyn Park, Minnesota.
Olympus facility in Brooklyn Park, Minnesota.

Olympus is a diverse manufacturer and seller of precision electronics, machinery, and instruments. Olympus manufactures medical products including endoscopic video imaging systems, endoscopy products for gastroenterological surgery, and enndo therapy products. Olympus was founded in 1919 and is based in Shinjuku-ku, Japan.


DEAL STATS #
Overall 11 of 14
Sector (Medical Products) 6 of 7
Type (Add-on Acquisition) 10 of 13
State (Missouri) 1 of 1
Country (United States) 5 of 5
Year (2020) 3 of 3
Size (of disclosed) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-02 FH Orthopedics

Heimsbrunn, France

FH Orthopedics is an orthopedic company which designs, manufactures and commercializes prosthesis and the associated instrumentation. The company covers (i) joint replacement, i.e knee, and hip; (ii) prosthesis for shoulder and foot; (iii) sports surgery especially ligaments; and (iv) spine.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-28 Quest Innovations B.V.

Middenmeer, Netherlands

Quest Innovations B.V. is a multispectral imaging provider and focuses on the medical markets of fluorescence image-guided surgery and cancer-targeted probes. Quest Innovations is based in Middenmeer, Netherlands.

Buy €50M