# Getinge to acquire Paragonix Technologies for $477 million

Getinge has agreed to acquire 100% of Paragonix Technologies, a leader in organ transport and preservation, for an estimated $477 million. The acquisition marks Getinge's entry into the organ preservation and transportation market.

- Type: Acquisition
- Announced: 2024-08-22
- Where: Waltham, Massachusetts, United States
- Value: $477.0M
- Status: announced
- Products: organ transport and preservation products
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Paragonix Technologies](https://endata.com/companies/19991.md) (target)
- [Getinge](https://endata.com/companies/34980.md) (acquirer)

## Sources

- [getinge.com](https://www.getinge.com/int/company/news/press-releases/2024/4885864-Getinge-to-acquire-Paragonix-Technologies-a-growth-leader/), 2024-08-22: "We are excited to enter the organ preservation and transportation market which is rapidly evolving, driven by a global shortage of organs and the pressing need to increase transplantation volume."
- [businesswire.com](https://www.businesswire.com/news/home/20240822548787/en/Paragonix-Technologies-Signs-Definitive-Agreement-to-be-Acquired-by-Getinge), 2024-08-22: "This strategic acquisition will enhance Getinge's global healthcare portfolio to also address needs in solid organ transplantation."
- [getinge.com](https://www.getinge.com/uk/company/news/press-releases/2024/4897674-Getinge-completes-the-acquisition-of-Paragonix-Technologies/), 2024-09-11: "Getinge has today completed the previously announced acquisition of 100% of the shares of Paragonix Technologies, Inc."
- [inderes.fi](https://www.inderes.fi/en/releases/getinge-completes-the-acquisition-of-paragonix-technologies), 2026-08-19: "Getinge has today completed the previously announced acquisition of 100% of the shares of Paragonix Technologies, Inc."

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