Johnson Matthey to sell Medical Device Components business to Montagu for $700 million

LONDON, UK: Johnson Matthey Plc (JM) has signed a definitive agreement to sell 100% of its Medical Device Components business (MDC) to Montagu Private Equity for cash consideration of US$700 million (£550 million) on a cash free debt free basis. The Medical Device Components business produces components for medical device manufacturers globally with a focus…

Montagu Private Equity completes acquisition of the RTI Surgical OEM business

ALACHUA: Montagu Private Equity LLP, a leading European private equity firm, announced the completion of its acquisition of the RTI Surgical OEM business. The new RTI Surgical will further its focus on driving innovation across its tissue, biologics and hardware platforms and strengthening its long standing collaboration with leading medical technology companies. The company will…