AorTech International to acquire RUA Medical Devices for £2.45M

AorTech International PLC entered a conditional agreement to acquire RUA Medical Devices Limited for £2.45 million, to be satisfied by £0.95 million cash and 1.5 million new shares. The acquisition will internalize manufacturing and the company will change name to RUA Life Sciences plc.

“This deal is a perfect strategic fit for the Company providing the people, processes and premises to allow our world class polymers to be converted into medical device products.”investegate.co.uk

• 1 source
• investegate.co.ukInvestegate | Company AnnouncementInvestegateMar 11, 2020

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