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GETINGE GROUP and Subsidiary MAQUET Cardiovascular Sign Agreement to Acquire Atrium Medical for $680 Million
October 23rd, 2011
GETINGE GROUP (STO:GETIB) and its subsidiary, MAQUET Cardiovascular, a global leading provider of cardiovascular technologies, announced that it has signed a definitive agreement to acquire Atrium Medical Corporation for $680 million. Atrium is a leader in medical device technologies for interventional cardiology and radiology, chest trauma care and thoracic drainage, vascular surgery, and general surgery. Atrium will operate as an independent, self-contained business unit of MAQUET Cardiovascular and will be led by current Atrium president, Trevor Carlton.
"The acquisition of Atrium is an excellent strategic fit with our long-term business goals as Atrium's robust product...
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Source: Insurance Business Weekly (2011-10-23)