MTD Group acquires Ypsomed's Pen Needles and Blood Glucose Monitoring Systems for €1.1bn.

MTD Group, a medtech company, acquires Ypsomed's Pen Needles and Blood Glucose Monitoring Systems for €1.1bn, strengthening its position as the 2nd largest player in the pen needles market. The deal includes advanced technologies and trademarks, and MTD plans to establish cutting-edge production facilities in Europe. The acquisition also grants access to high-growth markets like China and India, and expands MTD's presence in established markets.

August 02, 2024
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