MTD Group Acquires Ypsomed's Pen Needles and Blood Glucose Monitoring Businesses
August 2, 2024
MTD Group (Medical Technology and Devices) has completed the acquisition of Ypsomed’s pen needles and blood glucose monitoring systems businesses. The deal expands MTD’s diabetes and obesity care portfolio, increases European production capacity to over 2.5 billion pen needles, and provides entry into high-growth markets including China and India while prompting a significant investment plan for European production sites.
- Buyers
- MTD Group (Medical Technology and Devices)
- Targets
- Ypsomed (Pen Needles and Blood Glucose Monitoring Systems businesses)
- Sellers
- Ypsomed AG
- Industry
- Medical Devices
- Location
- Bern, Switzerland
- Transaction Type
- Divestiture
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