Gongdong Medical acquires core assets of Trademark Plastics for $42M

Zhejiang Gongdong Medical Technology Co., Ltd, through its US subsidiary GD Medical Inc., signed an asset purchase agreement to acquire the core assets of Trademark Plastics, Inc. (TPI), a California-based manufacturer of polymer disposable medical consumables, for an estimated $42 million.

“The estimated purchase price of this transaction is US$42 million, and the final purchase price will be adjusted accordingly based on the seller's liabilities, accounts payable and estimated closing transaction costs on the closing date.”en.gongdong.com

• 1 source
• en.gongdong.comGongdong® acquires core assets of U.S. company Trademark Plastics, Inc. - Gongdong MedicalSite EditorDec 20, 2022

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