# MicroPort CardioFlow to acquire 51% stake in La Ronda for USD 20M

MicroPort CardioFlow Medtech Co., Ltd. agreed to acquire a 51% stake in La Ronda, a Shanghai-based manufacturer of left atrial appendage devices, for RMB 141 million (USD 20 million). The announcement was made on 2 January 2024.

- Type: Acquisition
- Announced: 2024-01-02
- Where: Shanghai, China, China
- Value: $20.0M
- Status: announced
- Products: left atrial appendage occluder, left atrial appendage guidance system
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [MicroPort CardioFlow Medtech](https://endata.com/companies/74747.md) (acquirer)
- [La Ronda](https://endata.com/companies/74748.md) (target)

## Sources

- [flcube.com](https://flcube.com/microport-cardioflow-medtech-to-acquire-controlling-stake-in-la-ronda-for-usd-20-million/), 2024-01-02: "MicroPort CardioFlow Medtech Co., Ltd... has announced that a conditional agreement has been reached to acquire a 51% stake in fellow Chinese firm La Ronda for a cash consideration of RMB 141 million (USD 20 million)."

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