Home  >> Transactions>> Halma’s SunTech Medical acquires CASMED’s blood pressure monitoring product line

Halma’s SunTech Medical acquires CASMED’s blood pressure monitoring product line

SunTech Medical Inc. (“SunTech”), a subsidiary of Halma plc, has acquired CAS Medical Systems, Inc.’s  non-invasive blood pressure monitoring product line for $4.5 million in cash.  CASMED will be eligible to receive up to an additional $2.0 million in cash based on the achievement of certain sales criteria through June 2019.  CASMED will provide transition services as necessary to ensure continuous customer satisfaction throughout the product line transition to SunTech.  SunTech will also purchase the related product inventory at the end of that short transition period.

The non-invasive blood pressure monitoring product line includes MAXNIBP® and MAXIQ™ technology, which are supplied by CASMED through OEM agreements to various companies throughout the world.

EC Mergers & Acquisitions acted as the exclusive financial advisor to Halma on this transaction.


Steel Partners has acquired PST Group      Learn More >>
Galileo TP has been sold to Burke Porter Group      Learn More >>
Entegris Has Acquired Flex Concepts, Inc.      Learn More >>
Hänsel Group has sold a majority stake to Possehl      Learn More >>
Entegris has acquired SAES Pure Gas Business from SAES Group      Learn More >>
Ldetek has been sold to Battery Ventures’ Process Sensing Technologies Group      Learn More >>
Axel Johnson International acquires MAK Aandrijvingen      Learn More >>
SPX has acquired CUES, Inc.      Learn More >>
Dickson Data has been sold to May River Capital      Learn More >>
SPX has acquired Schonstedt Instrument Company      Learn More >>
Quantachrome Instruments has been sold to Anton Paar      Learn More >>
PIP Global has partnered with Audax Private Equity      Learn More >>