CooperSurgical (CooperCompanies) Acquires obp Surgical

August 1, 2024

CooperCompanies, through its CooperSurgical business, has acquired obp Surgical, a U.S.-based maker of single-use cordless surgical retractors and suction devices, for approximately $100 million. obp Surgical's ONETRAC products generated roughly $14.5 million of trailing twelve-month revenue; Cooper said the acquisition will be neutral to non-GAAP EPS in fiscal 2024 and accretive thereafter and will be reported in its Office and Surgical category.

Buyers
CooperSurgical, CooperCompanies
Targets
obp Surgical Corporation
Industry
Medical Devices
Location
Massachusetts, United States
Transaction Type
Buyout

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