M&As this week: Guerbet, Nordson Corporation

12 January 2018 (Last Updated January 12th, 2018 09:13)

French pharmaceutical company Guerbet SA has agreed to acquire Israeli microcatheters developer Accurate Medical Therapeutics Ltd for €57m ($68.5m).

French pharmaceutical company Guerbet SA has agreed to acquire Israeli microcatheters developer Accurate Medical Therapeutics Ltd for €57m ($68.5m).

Guerbet will acquire 100% of Accurate’s share capital through an initial payment of €19.5m ($23.45m), as part of the transaction.

The acquisition will support Guerbet’s growth into interventional radiology.

“The acquisition will strengthen Nordson’s testing and inspection capabilities.”

Dispensing equipment designer and manufacturer Nordson Corporation has completed the acquisition of acoustic microscope systems manufacturer Sonoscan Inc.

Sonoscan will become part of Nordson’s advanced technology systems unit, following the transaction.

The acquisition will strengthen Nordson’s testing and inspection capabilities.

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