# UFP Technologies to acquire AQF Medical for EUR 43 million

UFP Technologies has agreed to buy AQF Medical, a manufacturer of foam and thermoplastic components for medical devices, for EUR 43 million (USD 48 million). The acquisition is expected to add complementary capabilities and support UFP's expansion outside the U.S.

- Type: Acquisition
- Announced: 2024-08-26
- Where: Navan, Ireland, Ireland
- Value: $48.0M (43.0M EUR)
- Status: announced
- Products: foam components, thermoplastic components, medical device packaging
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [UFP Technologies](https://endata.com/companies/9508.md) (acquirer)
- [AQF Medical](https://endata.com/companies/79460.md) (target)

## Sources

- [medtechdive.com](https://www.medtechdive.com/news/ufp-buy-aqf-medical-packaging-devices/725320/), 2024-08-28: "UFP Technologies has agreed to buy medtech component manufacturer AQF Medical for 43 million euros ($48 million), UFP said Monday in a securities filing."

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