Integer completes $220M Oscor acquisition

Integer Holdings (NYSE: ITGR) announced today that it has completed its purchase of Oscor — a deal that expands the capabilities of what was already one of the world’s largest medtech contract manufacturers.

Integer said the acquisition would cost $220 million when it first announced its plans in October.

Get the full story on our sister site Medical Design & Outsourcing. 

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Integer completes $220M Oscor acquisition

Integer Holdings (NYSE: ITGR) announced today that it has completed its purchase of Oscor — a deal that expands the capabilities of what was already one of the world’s largest medtech contract manufacturers.

Integer said the acquisition would cost $220 million when it first announced its plans in October.

Oscor is the creator and marketer of various specialized implantable cardiac pacing and neurostimulation leads, venous access systems and diagnostic catheters. Integer officials note that Oscor’s finished introducer systems, guiding sheaths and proprietary lead wire technologies give it even more exposure to higher-growth markets — including cardiac pacing, electrophysiology, neurostimulation, cardiovascular, peripheral vascular and structural heart.

Integer’s Oscor acquisition adds design, development and manufacturing operations in Palm Harbor, Florida and the Dominican Republic, business offices in Germany and 900 employees.

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Integer beats The Street in Q3, plans to acquire Oscor

Integer Holdings (NYSE:ITGR) posted third-quarter results today that beat the consensus forecast on Wall Street — and announced plans to spend $220 million to acquire Oscor.

The Plano, Texas–based medtech contract manufacturing giant plans to finance the acquisition with debt. Integer officials expect the deal to close in December under customary closing conditions. They see the acquisition broadening Integer’s product portfolio, expanding its R&D capabilities, and adding low-cost manufacturing capacity.

Get the full story on our sister site Medical Design & Outsourcing. 

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Integer beats The Street in Q3, plans to acquire Oscor

Integer Holdings (NYSE:ITGR) posted third-quarter results today that beat the consensus forecast on Wall Street — and announced plans to spend $220 million to acquire Oscor.

The Plano, Texas–based medtech contract manufacturing giant plans to finance the acquisition with debt. Integer officials expect the deal to close in December under customary closing conditions. They see the acquisition broadening Integer’s product portfolio, expanding its R&D capabilities, and adding low-cost manufacturing capacity.

“We’re excited to welcome Oscor’s approximately 900 associates to Integer, who will bring a trusted brand with 40 years of medical device development and manufacturing combined with a complementary product offering and extensive intellectual property portfolio,” Integer CEO Joseph Dziedzic said in a news release.

Dziedzic suggested that Integer is in a financial position to continue shopping: “The execution of our …

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