# Terumo to acquire OrganOx for $1.5 billion

Terumo Corporation has entered into a definitive agreement to acquire all outstanding shares of OrganOx Limited, a medical technology company specializing in organ preservation devices, for approximately $1.5 billion.

- Type: Acquisition
- Announced: 2024-05-07
- Where: Oxford, England, United Kingdom
- Value: $1.50B
- Status: announced
- Products: organ preservation devices, normothermic machine perfusion devices
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Terumo](https://endata.com/companies/2811.md) (acquirer)
- [OrganOx Limited](https://endata.com/companies/77290.md) (target)

## Sources

- [healthquestcapital.com](https://www.healthquestcapital.com/news/terumo-to-acquire-organox-limited-a-leading-innovator-in-organ-preservation-devices-marking-strategic-entry-into-the-organ-transplantation-related-sector), 2024-05-07: "The acquisition marks Terumo’s strategic entry into the organ transplantation-related sector—a field with significant unmet medical needs and strong growth potential."

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