Altaris Capital Partners

Altaris Capital Partners has acquired 3M Drug Delivery Systems in a $650 million transaction, launching it as an independent company named Kindeva Drug Delivery, with 3M retaining a 17% minority interest.

3M entered into an agreement to sell substantially all of its drug delivery business to an affiliate of Altaris Capital Partners, retaining its transdermal drug delivery components business.

Private equity firm Altaris Capital Partners acquired Analogic for $1.1 billion, taking the medical imaging company private.