CooperCompanies (Nasdaq: COO) announces that CooperSurgical has acquired obp Surgical, a U.S.-based medical device company with a suite of single-use cordless surgical retractors with an integrated multi-LED light source and dual smoke evacuation channels, and single-use surgical suction devices with an integrated, cordless radial LED light source, for approximately $100 million. The products being acquired generated approximately $14.5 million of trailing twelve-month revenue. “This acquisition is a great strategic fit that builds upon CooperSurgical’s strong portfolio of leading medical devices,” said Al White, President and Chief Executive Officer of CooperCompanies.
Read the full article: CooperCompanies Acquires obp Surgical, Expanding CooperSurgical’s Portfolio of Leading Medical Devices //
Source: https://www.globenewswire.com/news-release/2024/08/01/2923248/2200/en/CooperCompanies-Acquires-obp-Surgical-Expanding-CooperSurgical-s-Portfolio-of-Leading-Medical-Devices.html