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3B Scientific Acquires Innoging Medical

Aug 28, 2023•over 2 years ago

Acquiring Company

3B Scientific

Acquired Company

3B Scientific

HamburgHamburgMedicalBiotechnologyEducationHealth CareMedicalBiotechnologyEducationHealth Care

Description

3B Scientific, a leading manufacturer and marketer of medical simulation products and anatomical models for healthcare education, announces today that it has reached an agreement to acquire iNNOGING Medical.

Company Information

Company

3B Scientific

Location

Hamburg, Hamburg, Germany

About

3B Scientific, founded in 1948 in Hamburg, Germany, is a global provider of medical simulators and advanced educational products for medical and veterinary training. Operating in over 120 countries, 3B Scientific continues its mission to promote medical and veterinary education worldwide.

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M&A Insights

Based on deal data
Integration 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