Theragenics Corporation Acquires NeedleTech Products, Inc.

July 28, 2008

Theragenics Corporation (NYSE: TGX) completed the acquisition of NeedleTech Products, Inc. on July 28, 2008 for $47.8 million in cash. NeedleTech, a specialty-needle and medical-device manufacturer based in Attleboro, Massachusetts with 2007 revenue of $16.9 million, will be consolidated into Theragenics' surgical products segment immediately; Theragenics financed part of the purchase with $24.5 million borrowed on its existing credit facility.

Buyers
Theragenics Corporation
Targets
NeedleTech Products, Inc.
Industry
Medical Devices
Location
Massachusetts, United States
Transaction Type
Buyout

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