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MicroPort Surgical acquired 100% of German medical device manufacturer Hemovent for up to $142.8 million (€123 million). The acquisition was announced on October 5, 2021, and is expected to close in Q4 2021.
MicroPort Scientific Corporation, through its subsidiary MicroPort Surgery, acquired 100% of Hemovent GmbH for a total cash consideration of up to €123 million. Hemovent becomes a wholly-owned subsidiary of MicroPort.
Hemovent GmbH has completed the expansion of its manufacturing facility to accommodate serial production of its ECLS device. The company is on schedule to achieve its first-in-man milestone in the second half of 2018.
| Site | Largest | Latest |
|---|---|---|
| Aachen, Germany | 2017-10-16 |