Haemonetics (NYSE: HAE) buys Vivasure Medical for €100M plus up to €85M
Rhea-AI Filing Summary
Haemonetics Corporation has completed the acquisition of Vivasure Medical Limited, a Galway, Ireland-based company developing next-generation technology for percutaneous vessel closure. Haemonetics acquired all outstanding equity interests of Vivasure for €100 million, or approximately €52 million net of certain prior investments, loans and other customary closing adjustments. The agreement also includes up to an additional €85 million in contingent consideration tied to sales growth and other milestones, subject to adjustment for specified prior investments and loan amounts. Haemonetics financed the transaction entirely with available cash on hand.
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Insights
Haemonetics deploys cash to buy Vivasure for €100M plus earnout.
Haemonetics Corporation has acquired all equity of Vivasure Medical Limited for €100 million, with net consideration of approximately €52 million after accounting for prior investments, loans and customary closing adjustments. Vivasure focuses on next-generation technology for percutaneous vessel closure, which sits within the vascular access and cardiovascular procedure ecosystem.
The structure includes up to an additional €85 million of contingent consideration linked to sales growth and specified milestones, with further adjustment tied to prior investments and loan amounts. This mix of upfront and milestone-based payments spreads the purchase cost over time based on Vivasure’s commercial performance.
The transaction is funded from Haemonetics’ cash on hand, so there is no disclosed new financing or equity issuance tied to this deal in the provided content. Future disclosures in company filings may provide more detail on integration progress and the financial contribution of Vivasure’s vessel closure technology.
8-K Event Classification
FAQ
What acquisition did Haemonetics (HAE) announce on January 9, 2026?
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