# Teleflex to acquire Palette Life Sciences for $600 million

Teleflex Incorporated entered a definitive agreement to acquire privately-held Palette Life Sciences AB for $600 million upfront, plus up to $50 million in milestones, to expand its Interventional Urology portfolio.

- Type: Acquisition
- Announced: 2023-07-26
- Where: Sweden
- Value: $600.0M
- Status: announced
- Products: biodegradable rectal spacer, tissue bulking products
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Teleflex](https://endata.com/companies/20113.md) (acquirer)
- [Palette Life Sciences AB](https://endata.com/companies/71653.md) (target)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2023/07/26/2711118/0/en/Teleflex-to-Acquire-Palette-Life-Sciences.html), 2023-07-26: "Teleflex today announced it has entered into a definitive agreement to acquire privately-held Palette Life Sciences AB for an upfront cash payment of $600 million at closing."

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