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Actionable news in GB: GREATBATCH Inc,

Greatbatch, Inc. Completes Acquisition Of Lake Region Medical

The following excerpt is from the company's SEC filing.

Combined Company to be Renamed Integer Holdings Corporation

$1.73 Billion Deal Creates One of the Worlds Largest Medical Device Outsource (MDO) Manufacturers

FRISCO, Texas Greatbatch, Inc. (NYSE:GB) today announced it has completed the acquisition of Lake Region Medical. With combined revenues of approximately $1.5 billion and more than 9,000 Associates globally, Greatbatch becomes one of the largest medical device outsource (MDO) manufacturers in the world serving the cardiac, neuromodulation, orthopaedics, vascular, advanced surgical and portable medical markets.

Greatbatch is now able to offer a substantially more comprehensive portfolio for customers through the Greatbatch Medical, Lake Region Medical and Electrochem brands. The company is at the forefront of innovating technologies and products that help change the face of healthcare, providing customers with a distinct advantage as they bring complete systems and solutions to market. In turn, customers will be able to accelerate patient access to life enhancing therapies.

Through this...