Home » Theragenics to Acquire NeedleTech
Theragenics to Acquire NeedleTech
Theragenics will acquire NeedleTech Products, a privately held manufacturer of specialty needles and related medical devices, for $47.8 million in cash.
“NeedleTech is a good fit, offering products that complement our existing product lines,” Christine Jacobs, chairman and CEO of Theragenics, said. Theragenics’ surgical products include sutures, needles and guidewires whereas NeedleTech produces a variety of medical needles.
The acquisition is expected to be completed in the third quarter of the year.
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