# Fortive to acquire Johnson & Johnson's Advanced Sterilization Products for $2.8B

Johnson & Johnson received a binding offer from Fortive Corporation to acquire its Advanced Sterilization Products (ASP) business for approximately $2.8 billion. The transaction is expected to close by early 2019.

- Type: Acquisition
- Announced: 2018-06-06
- Where: United States
- Value: $2.80B
- Status: announced
- Products: low-temperature terminal sterilization, high-level disinfection, infection prevention solutions
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Warburg Pincus](https://endata.com/companies/609.md) (partner)
- [Fortive](https://endata.com/companies/2932.md) (acquirer)
- [Johnson & Johnson](https://endata.com/companies/9845.md) (target)
- [Advanced Sterilization Products](https://endata.com/companies/32399.md) (target)
- [Gordian](https://endata.com/companies/32885.md) (target)

## Sources

- [investor.jnj.com](https://www.investor.jnj.com/investor-news/news-details/2018/Johnson-Johnson-Announces-Binding-Offer-from-Fortive-Corporation-to-Acquire-Advanced-Sterilization-Products-ASP-06-06-2018/default.aspx), 2018-06-06: "ASP has a long history of pioneering infection prevention technology, and we are confident that Fortive would be well-positioned to continue to drive the business toward achieving its full potential."
- [gordian.com](https://www.gordian.com/press/fortive-enters-into-an-agreement-to-acquire-gordian/), 2018-07-02: "We are excited to announce Fortive has entered into a definitive agreement to acquire Gordian from Warburg Pincus."

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