About This Deal

BAXTER INTERNATIONAL INC acquired Althin Medical AB for $130M, a transaction completed in March 2000, structured as Purchase of a controlling interest followed by a public tender offer for the remaining shares; cash and stock.

Althin Medical AB operates in Renal, is based in Ronneby, Sweden. Baxter acquired Althin Medical A.B., a leading manufacturer of hemodialysis products based in Ronneby, Sweden. The acquisition greatly expanded Baxter's hemodialysis product offering and strengthened its position in the global HD marketplace, adding the Tina hemodialysis machine to Baxter's renal portfolio.

Expanded Baxter's hemodialysis product line and global HD market position.

Deal Terms

Acquirer
BAXTER INTERNATIONAL INC
Target
Althin Medical AB
Value
$130M
Date
March 2000
Type
Acquisition
Status
Ready

Transaction Details

Target HQ
Ronneby, Sweden
Segment
Renal
Structure
Purchase of a controlling interest followed by a public tender offer for the remaining shares; cash and stock
Announced
December 1999
Closed
March 2000

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: SEC filing ↗

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