Japanese medical device maker Terumo Corp. Monday said it has agreed to buy blood transfusion technology firm CaridianBCT Holding Corp. from Swedish medical technology company Gambro AB for $2.63 billion. The deal is expected to close in late April to early May 2011.
The company projects the deal to be accretive to earnings per share before amortization of goodwill by ending March 2012.
Established in 1964, Colorado-based CaridianBCT provides blood processing technologies for blood banks, hospitals, biotech and therapeutic applications. The company, which employs about 2,300 people as of February 2011, generated revenues of $524 million in the year 2010.
With the acquisition, Terumo is expected to attain revenue of about 70 billion yen in the blood transfusion business, creating a global leader in the field. Terumo added that the purchase would help it to dramatically drive its growth strategies to achieve the long-term objective of target revenue of 1 trillion yen within 10 years.
Terumo's sales composition for the blood transfusion business is also projected to increase from current 8 percent to 18 percent, allowing its blood transfusion business to be a new core business for global growth.
Terumo plans to finance the acquisition through funds on hand and bank loans.
The company said it will announce the impact of the acquisition to business results and financials in a timely manner upon the finalization of the acquisition price.
In a statement, Gambro's parent Investor AB noted that the enterprise deal value corresponds to a multiple of approximately 15 times of CaridianBCT's 2010 EBITDA. Investor AB noted that Gambro's pro forma net debt, post transaction, is estimated at 7.6 billion Swedish kronor.
Gambro in December last year had said that it has finalized the sale of its global peritoneal dialysis business to dialysis products and services provider Fresenius Medical Care AG & Co. KGaA (FMS). Gambro then had noted that the sale is part of its strategy to focus on its core businesses.
For comments and feedback contact: editorial@rttnews.com
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.