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Integer Holdings Corporation Completes Divestiture of Non-Medical Business for $50 Million
Nov 01, 2024•over 1 year ago
Contract Type
contract
PlanoManufacturingBiotechnologyHealthcareHealth CareMedicalDescription
Integer Holdings Corporation completed the sale of its Electrochem business to Ultralife Corporation for $50 million in cash. The proceeds from the sale will be used to pay down outstanding debt, enabling Integer to focus on being a pure-play medical technology company with additional capital for high-growth medtech markets.
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