$895m deal for Galway-headquartered medical devices company Creganna Medica

Galway-headquartered medical devices company Creganna Medical has been sold for $895m (€821.3m) in an all-cash deal.

$895m deal for Galway-headquartered medical devices company Creganna Medica
Wed, 03 Feb, 2016 - 00:00
Peter O’Dwyer

The firm, which employs 2,000 workers across seven offices worldwide, has been acquired by Swiss company TE Connectivity, which specialises in connectivity and sensor technology.

Creganna Medical, which reported sales of $250m in 2015, was sold by London-based global investment firm Permira.

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CourtsCreganna MedicalsoldGalwayPlace: GalwayPlace: LondonPlace: CorkPlace: Silicon ValleyPlace: EuropePlace: One Albert QuayPerson: Chip HancePerson: PermiraPerson: Tom LynchPerson: Marcin KleczynskiPerson: Anthony O’MaraOrganisation: Creganna Medica GalwayOrganisation: Creganna MedicalOrganisation: TE ConnectivityOrganisation: PermiraOrganisation: CregannaOrganisation: TEOrganisation: EBITDAOrganisation: MalwarebytesOrganisation: EMEAOrganisation: Fidelity
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