M&A Deal Summary

Terumo Acquires Abbott Laboratories - Vado Steerable Sheath

On October 18, 2016, Terumo acquired medical products company Abbott Laboratories - Vado Steerable Sheath from Abbott Laboratories

Acquisition Highlights
  • This is Terumo’s 6th transaction in the Medical Products sector.
  • This is Terumo’s 6th transaction in the United States.
  • This is Terumo’s 1st transaction in Illinois.

M&A Deal Summary
Date 2016-10-18
Target Abbott Laboratories - Vado Steerable Sheath
Sector Medical Products
Buyer(s) Terumo
Sellers(s) Abbott Laboratories
Deal Type Divestiture

Target

Abbott Laboratories - Vado Steerable Sheath

Abbott Park, Illinois, United States
Abbott Laboratories, Inc. - Vado Steerable Sheath is a provider of healthcare medical products in us.

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Buyer(S) 1

Buyer

Terumo

Tokyo, Japan
Category Company
Founded 1921
Sector Medical Products
Employees28,294
Revenue 921.9B JPY (2024)
DESCRIPTION

Terumo is a medical products company. Terumo was founded in 1921 and is based in Tokyo, Japan.

DEAL STATS #
Overall 7 of 9
Sector (Medical Products) 6 of 7
Type (Divestiture) 3 of 3
State (Illinois) 1 of 1
Country (United States) 6 of 7
Year (2016) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-18 St. Jude Medical -Vascular Closure Products

Saint Paul, Minnesota, United States

St. Jude Medical, Inc. -Vascular Closure Products includes Angio-Seal™ and FemoSeal™ vascular closure products. Angio-Seal™ product lines offer healthcare providers an alternative to manual compression for sealing puncture sites on patients who have undergone a catheterization procedure.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-07-15 Quirem Medical B.V.

Deventer, Netherlands

Quirem Medical B.V. develops and commercializes the next-generation Selective Internal Radiation Therapy (SIRT) microspheres based on the radioisotope Holmium-166. Quirem Medical was founded in 2013 and is based in Deventer, Netherlands.

Buy -

Seller(S) 1

SELLER

Abbott Laboratories

North Chicago, Illinois, United States
Category Company
Founded 1888
Sector Medical Products
Employees114,000
Revenue 40.1B USD (2023)
DESCRIPTION
Entrance to Abbott's corporate campus in Abbott Park, Illinois.
Entrance to Abbott's corporate campus in Abbott Park, Illinois.

Abbott Laboratories is a diversified, global provider of diagnostics, medical devices, nutrition and pharmaceuticals. Abbott Laboratories was incorporated in 1888 and is headquartered in North Chicago, Illinois.

DEAL STATS #
Overall 7 of 8
Sector (Medical Products) 5 of 5
Type (Divestiture) 5 of 6
State (Illinois) 3 of 3
Country (United States) 6 of 7
Year (2016) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-16 Abbott Medical Optics

Santa Ana, California, United States

Abbott Medical Optics, Inc. is a manufacturer of ophthalmic surgery products and is known for world-class intraocular lenses used in cataract surgery. The World Health Organization estimates that approximately 20 million people are blind from age-related cataracts and that there are at least 100 million eyes with compromised visual acuity caused by cataracts. These numbers are steadily rising due to population growth and increasing life expectancy.

Sell $4.3B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-16 Cephea Valve Technologies

San Jose, California, United States

Cephea Valve Technologies, Inc. is a medical device company developing a less-invasive heart valve replacement technology for people with mitral valve disease. Cephea Valve Technologies was founded in 2011 and is based in San Jose, California.

Buy -
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