Integer Announces Plans to Divest Advanced Surgical & Orthopedics Product Line

Integer Announces Plans to Divest Advanced Surgical and Orthopedics Product Lines to MedPlast LLC for $600 Million

Company News

Integer Holdings Corporation (“Integer”) (NYSE:ITGR), a leading medical device outsource manufacturer, today announced that it has entered into an agreement to sell its Advanced Surgical and Orthopedics (“AS&O”) product lines to MedPlast, LLC(“MedPlast”), a leading global services provider to the medical device industry, for $600 million in cash. The transaction is expected to close in the third quarter of 2018 and is subject to customary closing conditions, including U.S. and foreign antitrust clearances.

Read news release here.