# Johnson Matthey sells Medical Device Components business to Montagu for $700M

Johnson Matthey has signed a definitive agreement to sell 100% of its Medical Device Components business to Montagu Private Equity for $700 million. The business produces components for medical device manufacturers and operates sites in the USA, Mexico, and Australia.

- Type: Acquisition
- Announced: 2024-03-20
- Where: United Kingdom
- Value: $700.0M
- Status: announced
- Products: medical device components, precious metal alloys, nitinol
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Johnson Matthey](https://endata.com/companies/6652.md)
- [Montagu Private Equity](https://endata.com/companies/4045.md) (acquirer)

## Sources

- [matthey.com](https://matthey.com/media/2024/mdc), 2024-03-20: "Johnson Matthey Plc (JM) announces that it has signed a definitive agreement to sell 100% of its Medical Device Components business (MDC) to Montagu Private Equity (Montagu) for cash consideration of US$700 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.