Getinge, a global medical technology company with operations in the areas of surgery, intensive care, infection control, care ergonomics and wound care, has signed a binding agreement to acquire all shares in US-based Atrium Medical for $680m.
The completion of the acquisition is based on securing approval from the US authorities and is expected to be finalised by the end of 2011.
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The financing is done through the use of existing credit facilities and a bridge loan of $300m.
Atrium Medical products include cardio-thoracic drainage products, vascular grafts, balloon expandable covered stents, thrombus management catheters and biosurgery products.
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