Haemonetics Corp., a global vendor of blood management products, will acquire Global Med Technologies Inc., which sells complementary products, for $60 million.
Braintree, Mass.-based Haemonetics will pay $1.22 per share for Global Med's stock, which closed Jan. 29 at 74 cents per share and opened at $1.20 on Feb. 1. Haemonetics sells blood bank and donor management software. It also sells surgical suction equipment and blood salvage systems that recover, segregate and wash red cells from blood lost during or after surgery. It also offers a diagnostic tool to help surgeons determine if a patient will need a transfusion.
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