Integer Holdings Corporation Completes Divestiture of Non-Medical Business for $50 Million
Integer Holdings Corporation (ITGR)
Last integer holdings corporation earnings: 2/20 08:00 am
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Source: GlobeNewswire
PLANO, Texas, Nov. 01, 2024 (GLOBE NEWSWIRE) -- Integer Holdings Corporation (NYSE: ITGR), a leading medical device contract development and manufacturing organization (CDMO), today announced the completion of the previously announced sale of its Electrochem business to Ultralife Corporation for $50 million in cash. Integer will use the proceeds from the sale to pay down outstanding debt. “With the divestiture of Electrochem, Integer is now a pure-play medical technology company with additional capital to deploy in high-growth medtech markets,” said Joseph Dziedzic, Integer President & CEO. “I would like to thank the Electrochem team for all their contributions over the years. We think Electrochem has a bright future under the ownership of Ultralife.” To learn more about Integer, visit www.integer.net. About Integer®Integer Holdings Corporation (NYSE:ITGR) is one of the largest medical device contract development and manufacturing organizations (CDMO) in the worl
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ITGR
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- 10/24/24 - Beat
ITGR
Sec Filings
- 10/24/24 - Form 10-Q
- 10/24/24 - Form 8-K
- 10/2/24 - Form 8-K
- ITGR's page on the SEC website