Add-on Acquisition • Medical Products

Surgical Specialties Acquires FSSB Chirurgische Nadein GMBH

On January 26, 2016, Surgical Specialties acquired medical products company FSSB Chirurgische Nadein GMBH

Acquisition Context
  • This is Surgical Specialties’ 2nd transaction in the Medical Products sector.
  • This is Surgical Specialties’ 1st transaction in Germany.

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M&A Deal Summary

Date January 26, 2016
Target FSSB Chirurgische Nadein GMBH
Sector Medical Products
Buyer(s) Surgical Specialties
Deal Type Add-on Acquisition

Target Company

FSSB Chirurgische Nadein GMBH

Jestetten, Germany
FSSB Chirurgische Nadein GMBH is a provider of needles for use in surgery including micro, ophthalmic and standard surgical needles.
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Buyer Overview 1

Buyer

Surgical Specialties

Westwood, Massachusetts, United States

Category Company
Sector Medical Products
DESCRIPTION

Surgical Specialties is a medical device company that develops and markets innovative technologies and medical products primarily for local diseases or for complications associated with medical device implants, surgical interventions, and acute injury.


Deal Context for Buyer #
Overall 2 of 2
Sector: Medical Products 2 of 2
Type: Add-on Acquisition 2 of 2
Country: Germany 1 of 1
Year: 2016 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-03-25 Angiotech - Interventional Products Business

United States

The Interventional Products Business manufactures and markets disposable and re-usable biopsy products for the diagnosis of cancer, drainage catheter products, and vascular interventional products.

Sell $363M