# MicroPort acquires German ECLS company Hemovent for up to €123 million

MicroPort Scientific Corporation, through its subsidiary MicroPort Surgery, acquired 100% of Hemovent GmbH for a total cash consideration of up to €123 million. Hemovent becomes a wholly-owned subsidiary of MicroPort.

- Type: Acquisition
- Announced: 2021-10-04
- Where: Aachen, Germany, Germany
- Value: $143.0M (123.0M EUR)
- Status: completed
- Products: MOBYBOX ECLS system, ECMO devices
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [MicroPort Scientific Corporation](https://endata.com/companies/20849.md) (acquirer)
- [Hemovent GmbH](https://endata.com/companies/27901.md) (target)

## Sources

- [microport.com](https://microport.com/news/microport-acquires-german-ecls-company-hemovent-gmbh-and-invests-in-expansion-of-german-operation), 2021-10-04: "MicroPort® announced on October 4th, 2021, through its critical care subsidiary, MicroPort® Surgery, has acquired 100% of the equity held by existing shareholders of Hemovent GmbH for a total cash consideration of up to €123 million."
- [businesswire.com](https://www.businesswire.com/news/home/20211004005757/en/ECLS-Company-Hemovent-has-been-Acquired-by-MicroPort-and-Receives-Investments-in-Expansion-of-German-Operations), 2021-10-04: "We are extremely happy with our new partner MicroPort who can leverage Hemovent's team efforts with its profound resources, industry expertise and global reach in order to raise our unique technology to the next level."

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