M&A Deal Summary

Thoratec Acquires Getinge-Heart Pump Technology

On January 25, 2010, Thoratec acquired medical products company Getinge-Heart Pump Technology from Getinge for 9M USD

Acquisition Highlights
  • This is Thoratec’s 2nd transaction in the Medical Products sector.
  • This is Thoratec’s 5th largest (disclosed) transaction.
  • This is Thoratec’s 1st transaction in Sweden.

M&A Deal Summary
Date 2010-01-25
Target Getinge-Heart Pump Technology
Sector Medical Products
Buyer(s) Thoratec
Sellers(s) Getinge
Deal Type Divestiture
Deal Value 9M USD

Target

Getinge-Heart Pump Technology

Sweden
Getinge-Heart Pump Technology, a minimally invasive, acute cardiac axial flow pump.

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Buyer(S) 1

Buyer

Thoratec

Pleasanton, California, United States
Category Company
Founded 1976
Sector Medical Products
Employees950
Revenue 503M USD (2013)
DESCRIPTION

Thoratec Corporation is a medical device company with a product portfolio for treating advanced heart failure patients. Thoratec develops, manufactures and markets proprietary medical devices used for circulatory support. Thoratec Corporation was established in 1976 and is headquartered in Pleasanton, California.

DEAL STATS #
Overall 2 of 5
Sector (Medical Products) 2 of 5
Type (Divestiture) 1 of 3
Country (Sweden) 1 of 1
Year (2010) 1 of 1
Size (of disclosed) 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2001-02-02 Thermo Cardiosystems

Waltham, Massachusetts, United States

Thermo Cardiosystems, Inc.,is a manufacturer of blood coagulation testing, skin incision and cardiac assist devices.

Buy $572M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-11-04 Accriva Diagnostics

San Diego, California, United States

Accriva Diagnostics is a leader in hemostasis management and POC testing. Accriva develops, manufactures, and markets: Hemochron® and ProTime® POC coagulation systems; IRMA TruPoint® Blood Gas and Electrolyte systems; Avoximeter® CO-Oximetry systems; and Tenderfoot®, Tenderlett® and Surgicutt® skin incision products.

Sell $55M

Seller(S) 1

SELLER

Getinge

Gothenburg, Sweden
Category Company
Founded 1904
Sector Medical Products
Employees11,891
Revenue 31.8B SEK (2023)
DESCRIPTION

Getinge is a medical technology company that operates in the areas of surgery, intensive care, infection control, care ergonomics and wound care. Getinge was founded in 1904 and is based in Gothenburg, Sweden.

DEAL STATS #
Overall 1 of 1
Sector (Medical Products) 1 of 1
Type (Divestiture) 1 of 1
Country (Sweden) 1 of 1
Year (2010) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-11-05 Boston Scientific - Cardiac Surgery & Vascular Surgery Businesses

United States

Boston Scientific Corp. - Cardiac Surgery & Vascular Surgery Businesses is a developer of medical technologies designed for use in surgical cardiac procedures, including beating-heart bypass surgery systems and endoscopic vessel harvesting for coronary bypass surgery.

Buy $750M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-12-17 Stericool Sytsems

Ankara, Turkey

Stericool Sytsems is a manufacturer of hydrogen peroxide based solution low temperature sterilizers for emerging markets.

Buy -
Mergr

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