Merit Medical Systems, a South Jordan-based provider of disposable medical products, said it has completed the acquisition of Thomas Medical Products for $167 million.
Thomas Medical was a unit of GE Healthcare based in Malvern, Pa. It designs and manufacturers catheters used in cardiology.
 |
Join the Discussion |
 |
Post a Comment |
"The acquisition of Thomas Medical Products adds significant technology and sales base to our cardiology business," Fred P. Lampropoulos, Merit’s chairman and CEO, said in a statement announcing the completion of the acquisition. "Additionally, Thomas Medical adds substantial breadth to our existing OEM business, which is approaching $100 million in annual revenues.
Thomas Medical will now operate as Merit Medical Systems, Malvern Division.
-
Bans on fireworks, fires growing as dry conditions in Utah persist
Published Jun 20, 2013 01:01:05AM -
Despite outcry, South Jordan to get third payday lender
Published Jun 20, 2013 01:01:05AM -
West Valley musician uses songs to blend Vietnamese, Western cultures
Published Jun 20, 2013 01:01:03AM -
Simple conversation may reveal answer
Published Jun 20, 2013 01:01:02AM
Copyright 2013 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
