February 2, 2016

Multiple News Sources

TE Connectivity to Acquire the Creganna Medical Group

TE Connectivity Ltd., a world leader in connectivity and sensors, announced today that it has entered into a definitive agreement to acquire the Creganna Medical group for USD $895 million in an all cash transaction. Creganna Medical is a global leader that designs and manufactures minimally invasive delivery and access devices serving medical device original equipment manufacturers (OEMs). The company, headquartered in Ireland, reported sales of approximately $250 million in 2015 and is a portfolio company of Permira Funds.

 

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