# OrbusNeich acquires eucatech AG for EUR 2.4 million

OrbusNeich Medical Group announced the acquisition of 100% interest in eucatech AG, a German developer and manufacturer of cardiovascular and endovascular devices, for EUR 2,400,000. eucatech AG will become a wholly-owned subsidiary, adding drug-eluting balloons and stents to OrbusNeich's portfolio.

- Type: Acquisition
- Announced: 2023-11-23
- Where: Germany
- Status: announced
- Products: coronary stent with sirolimus coating, peripheral self-expandable stent, paclitaxel-coated PTCA and PTA balloons
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [OrbusNeich Medical](https://endata.com/companies/69366.md) (acquirer)
- [eucatech AG](https://endata.com/companies/73969.md) (target)

## Sources

- [orbusneich.com](https://orbusneich.com/orbusneich-adds-drug-eluting-balloons-in-product-portfolio-through-acquisition-of-eucatech-ag/), 2023-11-23: "We believe that this acquisition will enrich our product portfolio."

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