Merit Medical Systems

Freudenberg Medical acquired the dedicated manufacturing equipment and associated assets of Merit Medical Systems' hypotube manufacturing business. The assets will be absorbed by Cambus Medical in Galway, Ireland.

Merit Medical Systems acquired Brightwater Medical for $35 million upfront plus up to $15 million in earn-outs. Brightwater Medical's ConvertX product line will be transferred to Merit's Pearland, Texas facility.

Merit Medical Systems acquired substantially all assets of Vascular Insights, including the ClariVein catheter systems, for $40 million plus up to $20 million in milestone payments.

Merit Medical Systems signed a definitive merger agreement to acquire Cianna Medical, a leader in wire-free breast localization, for an upfront payment of $135 million plus potential earn-outs. The transaction is expected to close in Q4 2018.

Merit Medical Systems will expand in Utah, adding up to 1,010 jobs, $71 million in state revenue and an estimated $505 million in capital investment over 15 years.

Merit Medical Systems has signed a definitive merger agreement to acquire Cianna Medical for an upfront payment of $135 million plus potential earn-outs of up to $65 million.

Merit Medical Systems entered into an Asset Purchase Agreement to acquire a tunneled home drainage catheter product line from C.R. Bard and a soft tissue core needle biopsy product line from BD for $100 million, contingent on the BD-Bard merger closing.