NN Inc (Johnson City, TN) entered into a definitive agreement to acquire Precision Engineered Products Holdings Inc (PEP) (Attleboro, MA) for $615 million in cash. PEP is a maker of orthopedic surgical instruments and reusable and disposable surgical devices. The transaction is expected to close by the end of October 2015 subject to customary closing conditions and regulatory approval.
Market Pulse transactions shown herein are provided as a matter of public record. These transactions have been compiled from press releases, corporate announcements and other public sources to provide an overview of acquisition and merger activities within the healthcare and life sciences sectors.