Hill-Rom Holdings Inc. is buying Trumpf Medical Systems from Trumpf Gmbh & Co. for 185 million (U.S. $250.6 million).
The target, headquartered in Frankfurt Germany, develops and produces services and products for operating rooms and intensive care units. The group’s products include operating tables, surgical lights and supply units. The Trumpf business provides machine tools, laser technology, electronics and medical technology products.
For Hill-Rom, the deal allows it to enter the operating room space. The Batesville, Indiana-based company manufactures and provides medical technology and related services to the health care industry, including patient support systems, mobility and handling services, medical equipment, surgical products and information technology systems.
Jeffrey Perkins, Lars Hriemann, Stephan Doring, Florian Ripperger and Max Zimmermann from Harris Williams & Co. advised Trumpf on the transaction.