# Innovia Medical acquires Network Medical Products

Innovia Medical LLC acquired Network Medical Products Ltd from Prim, S.A. and individual shareholders for £0.8 million. Network Medical will continue to operate independently.

- Type: Acquisition
- Announced: 2018-03-01
- Where: United Kingdom
- Value: $1.10M (800K GBP)
- Status: completed
- Products: medical products
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Shore Capital Partners](https://endata.com/companies/10246.md) (investor)
- [Innovia Medical](https://endata.com/companies/30392.md) (acquirer)
- [Network Medical Products](https://endata.com/companies/30393.md) (target)
- [Prim](https://endata.com/companies/30394.md) (partner)

## Sources

- [marketscreener.com](https://www.marketscreener.com/quote/stock/PRIM-S-A-170839/news/Innovia-Medical-LLC-acquired-Network-Medical-Products-Ltd-from-Prim-S-A-and-individual-shareholder-34801384/), 2018-02-28: "Network Medical will continue to operate as its own business, with no changes to the senior management team and day to day operations."
- [networkmedical.co.uk](https://www.networkmedical.co.uk/network-medical-products-ltd-like-announce-exciting-news/), 2018-03-01: "The opportunity to partner with Innovia was of great interest to us and we feel strongly that the company shares our belief and confidence in our future."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.