# AorTech proposes acquisition of RUA Medical Devices for £2.45m

AorTech announced the proposed acquisition of RUA Medical Devices Ltd for £2.45 million, funded from existing resources and stock. The deal is subject to shareholder approval and expected to close after the financial year end.

- Type: Acquisition
- Announced: 2020-03-11
- Where: United Kingdom
- Value: $3.20M (2.45M GBP)
- Status: announced
- Products: medical devices
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [AorTech](https://endata.com/companies/45839.md) (acquirer)
- [RUA Medical Devices](https://endata.com/companies/45840.md) (target)

## Sources

- [equitydevelopment.co.uk](https://www.equitydevelopment.co.uk/research/strategically-more-than-the-sum-of-the-parts), 2020-03-11: "To us, this seems a strategically sensible move as the transaction has a number of positive attributes."

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