Caesarea Medical Electronics News
2 articles
growth-positive
BD buys Caesarea Medical Electronics
US medical equipment company BD has completed the acquisition of Israeli-based Caesarea Medical Electronics (CME) at a company value of $250 million. BD already owned 40% of CME, and this acquisition expands BDs infusion portfolio. CME designs, manufactures, and markets infusion and syringe pumps for homecare and hospital settings. The acquisition is expected to strengthen BDs strategy of reinventing medication management and provide efficient IV safety solutions.
Acquisition
growth-positive
CareFusion invests $100 million in Caesarea Medical Electronics
CareFusion, an American medical tech company, has announced that it will invest $100 million for a 40 percent minority stake in Caesarea Medical Electronics (CME), an infusion pump systems manufacturer based in Israel. This investment will create a strategic, long-term relationship with CME and expand CareFusions infusion portfolio. CareFusion also has the option to make additional investments to become the majority owner of CME. The investment transaction is expected to be completed by March 31, 2014, subject to certain closing conditions.
Investment
