GE Healthcare has acquired IMACTIS. Financial details of the transaction were not disclosed. GE Healthcare intends to fund the deal with cash on hand.
IMACTIS, which is based in France, is an innovator in computed tomography interventional guidance across several care areas.
GE Healthcare manufactures and distributes diagnostic imaging agents and radiopharmaceuticals for imaging modalities that are used in medical imaging procedures.
The transaction is subject to customary closing conditions, including review by the relevant government authorities in France.
Hogan Lovells acted as legal advisor and Apparius served as financial advisor to IMACTIS. Shearman & Sterling LLP acted as legal advisor to GE Healthcare.
According to data captured in the LevinPro HC database, this acquisition represents the third Medical Devices transaction of 2023. There were 120 Medical Devices deals in 2022.
