Montagu and Kohlberg to Acquire Teleflex Medical OEM in a Carve-out Transaction

Montagu and Kohlberg have entered into a definitive agreement to acquire Teleflex Medical OEM from Teleflex Incorporated for $1.5 billion in a carve-out transaction. The business is expected to close in the second half of 2026, subject to regulatory approvals and other customary closing conditions, after which it will operate as an independent global contract developer and manufacturer.