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GE Healthcare to Acquire BK Medical for ~ $1.45B

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GE Healthcare to Acquire BK Medical for ~ $1.45B

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  • GE has signed an agreement to acquire BK Medical for $1.45B in cash and is eligible to receive a high-single-digit return on invested capital within 5yrs. The transaction is expected to close in 2022
  • The acquisition will allow GE Healthcare to expand its $3B ultrasound business from diagnostics into surgical & therapeutic interventions. The acquisition also accelerates its growth in precision health & adds capability in the surgical visualization segment
  • BK Medical provides ultrasound technology that can be used during surgery to guide clinicians. GE Healthcare anticipates BK Medical to deliver rapid revenue growth- margin expansion- and free cash flow growth

  Ref: GE Healthcare | Image: Businesswire

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