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CryoLife acquires aortic repair company Jotec for $225mm
13 Oct 2017
Executive Summary
CryoLife Inc. agreed to acquire private German cardiovascular device company Jotec AG (aortic repair) for $225mm, or over four times Jotec's FYE June 30, 2017 revenues of $51mm.
Deal Industry
- Medical Devices
-
Medical Devices
- Implantable Devices
- Surgical Equipment & Devices
Deal Status
- Final
Deal Type
-
Acquisition
- Full Acquisition
- Includes Contract
- Payment Includes Cash
- Payment Includes Stock
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