October 25, 2018

LeMaitre Vascular Acquires Cardial, a Subsidiary of BD

October 24, 2018—LeMaitre Vascular, Inc. announced that it has acquired the assets of Cardial, a subsidiary of BD (Becton, Dickinson & Company), located in Saint-Étienne, France. Cardial’s product lines, including knitted and woven vascular grafts, valvulotomes and surgical glue, are now available through LeMaitre Vascular. Cardial's sales are concentrated mostly in Europe.

LeMaitre Vascular is a provider of devices, implants, and services for the treatment of peripheral vascular disease.

The total purchase price for the acquired assets was €2 million, structured as €1.1 million of cash at closing, €0.5 million of assumed liabilities, and €0.4 million of postclosing installments, advised the company.

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October 25, 2018

LeMaitre Vascular Acquires Cardial, a Subsidiary of BD

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