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CooperCompanies (COO) said that CooperSurgical has acquired obp Medical Corporation for about $60 million.


RTTNews | May 3, 2021 09:20PM EDT

21:20 Monday, May 3, 2021 (RTTNews.com) - CooperCompanies (COO) said that CooperSurgical has acquired obp Medical Corporation for about $60 million.

obp Medical Corp. is a U.S. based medical device company that develops and markets differentiated products including single-use vaginal speculums with integrated LED illumination.

The products being acquired generated about $10 million of trailing twelve-month revenue.

The acquisition is expected to be neutral to Cooper's non-GAAP earnings per share in fiscal 2021.

Read the original article on RTTNews ( https://www.rttnews.com/3190951/coopersurgical-acquires-obp-medical-for-about-60-mln.aspx)

For comments and feedback: contact editorial@rttnews.com

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