M&A Deal Summary

Peters Surgical Acquires Stericat Gutstrings

On June 24, 2015, Peters Surgical acquired medical products company Stericat Gutstrings

Acquisition Highlights
  • This is Peters Surgical’s 2nd transaction in the Medical Products sector.
  • This is Peters Surgical’s 1st transaction in India.

M&A Deal Summary

Date 2015-06-24
Target Stericat Gutstrings
Sector Medical Products
Buyer(s) Peters Surgical
Deal Type Add-on Acquisition

Target

Stericat Gutstrings

Gurgaon, India
Stericat Gutstrings (P) Ltd. is focused on manufacturing and marketing absorbable and non-absorbable surgical sutures. The products are sold primarily to dealers in the export and domestic market. Stericat was formed in 1983 and is based in Gurgaon, India.

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Buyer(S) 1

Buyer

Peters Surgical

ZI Les, France

Category Company
Founded 1926
Sector Medical Products
Employees350
Revenue 37M EUR (2012)
DESCRIPTION

Peters Surgical is a designer, producer and distributor of single-use medical equipment for surgical procedures. Its main product ranges are surgical sutures, implants for parietal reinforcement and drains. Peters Surgical was formed in 1926 and is based in ZI Les, France.


DEAL STATS #
Overall 2 of 3
Sector: Medical Products M&A 2 of 3
Type: Add-on Acquisition M&A Deals 2 of 3
Country: India M&A 1 of 1
Year: 2015 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-03-28 Vitalitec International SA

Domalain, France

Vitalitec International SA specializes in the medical device market, firstly in the design, manufacture and marketing of hemostatic clips titanium venous strippers, of sternal staples, various instruments temporary occlusion and secondly in the distribution of surgical equipment dedicated to laparoscopic surgery, cardiac surgery and vascular surgery.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-20 Vectec SA

Hauterive, France

Vectec SA is a designer, manufacturer and seller of single use instruments for laparoscopic surgery.

Buy -