Sparta Surgical
This article was originally published in The Gray Sheet
Executive Summary
Acquisition of the Weck Electrosurgical business from Teleflex subsidiary Weck Closure Systems under a "non-binding letter of intent," announced June 26, broadens Sparta's electrosurgical and microsurgical portfolio. Weck Electrosurgical makes electrosurgical forceps, coagulation suction tubes and electrodes for tissue cutting and cauterization, and generated 1999 sales of approximately $3.9 mil. The buy "approximately doubles the size of Sparta," firm says