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Getinge To Acquire Paragonix Technologies For About $477M

 
• By Natasha Barrow

Getinge says it plans to pay about $477m for organ transport and services company Paragonix Technologies in an effort to “redefine the market standard in transplantation.”

Mergers

Swedish medical-equipment maker Getinge AB recently said it plans to acquire US-based organ transport and services company Paragonix Technologies for about $477m.

Under the agreement, Getinge will pay $253m in cash through a bridge loan, provided by Nordic corporate bank, SEB Group, in the late third quarter or early fourth quarter, according to Alpha Sense

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