Teleflex Incorporated acquires assets of LMA International N.V.
Teleflex Incorporated (NYSE: TFX), headquartered in Limerick, Pennsylvania, USA („Teleflex“) has completed the acquisition announced August 13, 2012 of substantially all of the business of LMA International N.V. (listed on the mainboard of Singapore stock exchange) with registered offices in Curacao („LMA“), on October 23, 2012 by way of an asset deal. The transaction value amounted to approximately SGD 343.5 million.
Teleflex is a leading global provider of specialty medical devices for a range of procedures in critical care and surgery. Headquartered in Limerick, Pennsylvania, USA, Teleflex employs approximately 11,600 people worldwide and serves healthcare providers in more than 130 countries.
LMA is a global market leader in laryngeal masks with a portfolio of innovative products used extensively in anesthesia and emergency care. LMA serves its customers worldwide through its offices in Jersey (Channel Islands) and Singapore, wholly-owned manufacturing facilities in Utah (USA) and Malaysia and subsidiaries with direct selling functions in the USA, Canada, Australia, New Zealand, Germany, Italy and Singapore.
Teleflex was advised in the transaction by Simpson, Thacher & Bartlett LLP in the USA and by GvW Graf von Westphalen in Germany. Advisors Graf von Westphalen (Munich): Robert A. Heym, Felix Wolf (both Corporate M&A).
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