M&As this week: Boston Scientific, Apposite Capital, Fujifilm

6 April 2018 (Last Updated April 6th, 2018 11:00)

US-based Boston Scientific Corp has acquired Securus Medical Group Inc (Securus).

US-based Boston Scientific Corp has acquired Securus Medical Group Inc (Securus).

The acquisition is expected to strengthen Boston’s electrophysiology cardiac ablation portfolio.

Based in the US, Securus is a developer of a thermal monitoring system for measuring oesophageal temperature.

Apposite Capital has completed the acquisition of OrthoD Group Ltd from US-based medical products and implants provider, The Riverside Company.

Based in the UK, Apposite Capital is a private equity firm, while OrthoD, also based in the UK, is a manufacturer and distributor of medical products and implants.

Fujifilm plans to acquire Irvine Scientific Sales Company Inc (ISUS) and IS Japan Co Ltd (ISJ) from Japan-based petroleum company JXTG Nippon for $800m.

The transaction will enable Fujifilm to strengthen its bio-medical businesses and accelerate research and development (R&D) in the area of regenerative medicine.

Based in Japan, Fujifilm is a provider of imaging and information solutions, while Irvine Scientific is a US-based provider of cell culture media, reagents and medical devices. ISJ is a cell culture media company based in Japan.

“Agilent Technologies has signed an agreement to acquire the remaining 52% stake in Lasergen Inc for $105m.”

Agilent Technologies has signed an agreement to acquire the remaining 52% stake in Lasergen Inc for $105m.

Agilent is a company engaged in life sciences, diagnostics and applied chemical markets, while Lasergen is a biotechnology company focused on research and development of innovative technologies for DNA sequencing.

Both the companies involved in the transaction are based in the US.

The acquisition will enable Agilent to strengthen its diagnostics business.

NN Inc has signed an agreement to acquire medical device company Paragon Medical Inc from Beecken Petty O’Keefe and Company for $375m.

NN will acquire PMG Intermediate Holding Corporation, the parent company of Paragon Medical, as part of the transaction.

NN is a diversified industrial company, while Beecken Petty O’Keefe and Company is a private equity management firm.

All the companies involved in the transaction are based in the US.