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In the British medical devices industry, there were 7 M&A deals announced in Q3 2023, worth a total value of $74.8m, according to GlobalData’s Deals Database. The $49.7m acquisition of Calon Cardio-Technology by Ashington Innovation was the industry’s largest disclosed deal. GlobalData’s Medical Devices Industry Mergers and Acquisitions Deals by Top Themes in Q3 2023 report helps understand the pivotal themes steering M&A activity in the industry. Buy the report here.

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In value terms, M&A activity in the UK decreased by 7% in Q3 2023 compared with the previous quarter’s total of $80.7m and rose by 186% as compared to Q3 2022. Related deal volume increased by 17% in Q3 2023 versus the previous quarter and was 30% lower than in Q3 2022.

The top-ranked financial advisors supporting these M&A deals in the UK in Q3 2023 were Singer Capital Markets; Cavendish Financial; Cenkos Securities with 2, 1, 1 deals respectively.

The top-ranked legal advisorss supporting these M&A deals in the UK Q3 2023 were Advokatfirman Vinge KB; Cairn Financial Advisers; CMS Legal Services EEIG with 1, 1, 1 deals respectively.

For further understanding of GlobalData's Medical Devices Industry Mergers And Acquisitions Deals By Top Themes In Q3 2023 – Thematic Intelligence, buy the report here.

This content was updated on 20 October 2023

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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.

GlobalData’s Deals Database tracks global deal activity, including mergers, acquisitions, capital raising, strategic alliances, and licensing agreements. Proprietary analysis is used to group deals into key thematic areas and granular sectors across the world’s largest industries.

This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Deal type includes Acquisition, Asset transactions and Mergers.