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Merit Medical Acquires Alvelous, Inc.

Deal Information
Closing Date: 
03/10/2009
Amount: 
$19000000.00
Acquiror: 
Merit Medical
Acquiree: 
Alvelous
Description: 
Merit Medical Systems, Inc. a leading manufacturer and marketer of proprietary disposable devices used primarily in cardiology, radiology and gastroenterology procedures, announced yesterday that the previously signed definitive agreements to acquire the assets of Alveolus, Inc for approximately $19 million-- $16 million at the time of closing and $3 million to be paid over two years subsequent to certain conditions