Financial
Sorin Group acquires Oscor for $20 million
Sorin Group (Milan) has acquired Oscor (Tampa, Florida), including a lead manufacturing facility in the Dominican Republic for an aggregate value of approximately $20 million. Oscor is an independent maker of cardiac leads and catheters. With more than 400 employees and manufacturing facilities in the U.S. and the Dominican Republic, Oscor sells its products both to end-customers and to leading medical device companies, including Sorin Group, on an Original Equipment Manufacturer (OEM) basis (Deals roundup).