MicroPort Scientific Acquires Hemovent GmbH

October 4, 2021

MicroPort Scientific Corporation, through its critical care subsidiary MicroPort Surgical B.V., acquired 100% of Hemovent GmbH from its existing shareholders for up to €123 million in cash. Hemovent will become a wholly owned subsidiary of MicroPort, with completion expected in Q4 2021 following regulatory approvals.

Buyers
MicroPort Scientific Corporation, MicroPort Surgical B.V.
Targets
Hemovent GmbH
Sellers
existing shareholders of Hemovent GmbH, MIG Capital (institutional investors consortium backing Hemovent; not stated as seller)
Industry
Medical Devices
Location
Germany
Transaction Type
Buyout

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