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  5. Scientific Magnetics Acquires Magnetica Pty

M&A Deal Summary

Scientific Magnetics Acquires Magnetica Pty

On January 5, 2021, Scientific Magnetics acquired medical products company Magnetica Pty

Acquisition Highlights
  • This is Scientific Magnetics’ 1st transaction in the Medical Products sector.
  • This is Scientific Magnetics’ 1st transaction in Australia.

M&A Deal Summary
Date 2021-01-05
Target Magnetica Pty
Sector Medical Products
Buyer(s) Scientific Magnetics
Deal Type Merger

Target

Magnetica Pty

Eagle Farm, Australia
Magnetica is an Australian Medtech and engineering company specializing in commercializing next-generation Magnetic Resonance Imaging (MRI) technologies. The company has developed high-performance products for use in MRI systems, including superconducting magnets, gradient coils, and Radio Frequency (RF) coils.

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Buyer(S) 1

Buyer

Scientific Magnetics

Abingdon, United Kingdom
Category Company
Founded 2000
Sector Electrical Equipment
DESCRIPTION

Space Cryomagnetics Ltd. is a manufacturer, tests and installs superconducting magnet systems for a range of applications, as well as providing consultancy services to blue chip companies, such as Siemens and Rolls-Royce.

DEAL STATS #
Overall 1 of 1
Sector: Medical Products M&A 1 of 1
Type: Merger M&A Deals 1 of 1
Country: Australia M&A 1 of 1
Year: 2021 M&A 1 of 1
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