# Haemonetics to acquire Cardiva Medical for up to $510 million

Haemonetics agreed to acquire Cardiva Medical, a manufacturer of vascular closure systems, for $475 million upfront plus up to $35 million in contingent consideration, expected to close in Q1 2021.

- Type: Acquisition
- Announced: 2021-01-20
- Where: United States
- Value: $510.0M
- Status: announced
- Products: vascular closure systems, VASCADE, VASCADE MVP
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Haemonetics](https://endata.com/companies/47664.md) (acquirer)
- [Cardiva Medical](https://endata.com/companies/52674.md) (target)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/haemonetics-to-acquire-cardiva-medical-inc-to-expand-hospital-portfolio-301211337.html), 2021-01-20: "Haemonetics will acquire Cardiva for an upfront cash payment of $475 million at closing and up to an additional $35 million in contingent consideration based on sales growth."

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