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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