M&A Deal Summary

Winner Medical Acquires Pingan Medical

On June 1, 2022, Winner Medical acquired medical products company Pingan Medical for 652M CNY

Acquisition Highlights
  • This is Winner Medical’s 1st transaction in the Medical Products sector.
  • This is Winner Medical’s 0th largest (disclosed) transaction.
  • This is Winner Medical’s 1st transaction in China.

M&A Deal Summary

Date 2022-06-01
Target Pingan Medical
Sector Medical Products
Buyer(s) Winner Medical
Deal Type Add-on Acquisition
Deal Value 652M CNY

Target

Pingan Medical

Hunan Province, China
Pingan Medical is a provider of disposable medical devices, such as syringes, infusion sets, and blood collection tubes among other medical supplies. Pingan Medical was founded in 1993 and is based in Hunan Province, China.

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Buyer(S) 1

Buyer

Winner Medical

Shenzhen, China

Category Company
Founded 1991
Sector Medical Products
DESCRIPTION

Winner Medical is a provider of cotton-based medical dressings and disposables, and will continue to push ahead with its strategy to diversify its product lineup and boost consumption. Winner Medical was founded in 1991 and is based in Shenzhen, China.


DEAL STATS #
Overall 1 of 2
Sector (Medical Products) 1 of 2
Type (Add-on Acquisition) 1 of 2
Country (China) 1 of 2
Year (2022) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-06 Guilin Zizhu

Guilin, China

Guilin Zizhu is specialized in the research and development, manufacturing, and marketing of latex products. Guilin Zizhu's three main products include Gobon condoms, Gobon Disposable Sterile Latex Surgical Gloves, and Gobon Disposable Latex Medical Examination Gloves. Guilin Zizhu is based in Guilin, China.

Buy $67M