CooperCompanies (CooperSurgical) Acquires Safe Obstetric Systems

March 1, 2021

CooperCompanies, through its CooperSurgical business unit, acquired Safe Obstetric Systems, the UK-based maker of the FDA‑approved Fetal Pillow used in cesarean deliveries. The deal value is approximately £37.5 million in cash plus up to £10.0 million in contingent payments; Fetal Pillow generated about £3.5 million in revenue in 2020. The acquisition expands CooperSurgical’s women’s health / medical device portfolio and brings the Fetal Pillow into Cooper’s global distribution network.

Targets
Safe Obstetric Systems
Industry
Medical Devices
Location
United Kingdom
Transaction Type
Buyout

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