Acquiring Company
Teleflex Incorporated
Acquired Company
BIOTRONIK
Description
Teleflex has completed the acquisition of Biotronik's vascular intervention business for $895 million. This acquisition enables Teleflex to enhance its clinical trial program and expand its innovative product offerings in the cath lab. The deal aims to improve patient care and strengthen Teleflex's global presence. The completion was announced earlier than expected by Teleflex's CEO, Liam Kelly.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed