MedPlast to Acquire Integer's Advanced Surgical and Orthopedics Product Lines for $600 Million

MedPlast to Acquire Integer's Advanced Surgical and Orthopedics Product Lines for $600 Million

Source: 
CP Wire
snippet: 

Integer Holdings Corporation (“Integer”) (NYSE:ITGR), a leading medical device outsource manufacturer, today announced that it has entered into an agreement to sell its Advanced Surgical and Orthopedics (“AS&O”) product lines to MedPlast, LLC (“MedPlast”), a leading global services provider to the medical device industry, for $600 million in cash. The transaction is expected to close in the third quarter of 2018 and is subject to customary closing conditions, including U.S. and foreign antitrust clearances.