M&A Deal Summary

SMC Acquires Oval Medical Technologies

On December 13, 2016, SMC acquired medical products company Oval Medical Technologies from Aptar

Acquisition Highlights
  • This is SMC’s 1st transaction in the Medical Products sector.
  • This is SMC’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2016-12-13
Target Oval Medical Technologies
Sector Medical Products
Buyer(s) SMC
Sellers(s) Aptar
Deal Type Divestiture

Target

Oval Medical Technologies

Cambridge, United Kingdom
Oval Medical Technologies Ltd. is a provider in the design and development of injectable drug delivery devices.

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Buyer(S) 1

Buyer

SMC

Somerset, Wisconsin, United States

Category Company
Founded 1988
Sector Medical Products
DESCRIPTION

SMC Ltd. is a provider of contract manufacturing solutions of single use devices for the pharmaceutical, medical and diagnostics industries.


DEAL STATS #
Overall 1 of 1
Sector: Medical Products M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2016 M&A 1 of 1

Seller(S) 1

SELLER

Aptar

Crystal Lake, Illinois, United States

Category Company
Founded 1992
Sector Consumer Products
Employees13,500
Revenue 3.6B USD (2024)
DESCRIPTION

Aptar is a provider of innovative dispensing systems for personal care, fragrance, cosmetic, pharmaceutical, household, food, and beverage markets. Aptar was founded in 1992 and is based in Crystal Lake, Illinois.


DEAL STATS #
Overall 1 of 1
Sector: Medical Products M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2016 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-25 Mega Pumps

VS-Pfaffenweiler, Germany

Mega Pumps LP (Mega Airless) is a provider of innovative airless dispensing systems for the beauty, personal care and pharmaceutical markets.

Buy €200M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-27 Aptar CSP Technologies

Auburn, Alabama, United States

Aptar CSP Technologies, Inc. is a provider of custom polymeric solutions and specialty protective packaging. Using patented Activ-Polymer advanced desiccant polymer technology, CSP Technologies manufactures innovative protection solutions that enhance the stability, shelf life and convenience of our customers' products. Aptar CSP Technologies was founded in 1928 and is based in Auburn, Alabama.

Buy $555M