Becton Dickinson To Acquire BOC Group Medical Division

Becton Dickinson and Co. (Franklin Lakes, NJ) has signed a definitive agreement to acquire the Medical Devices Division of Ohmeda (Cisty, ST), the health care business of The BOC Group (City, ST), for approximately $452 million.

The Medical Device Division (MDD) is a European marketer of intravenous catheters for infusion therapy and has a strong presence in developing markets in Eastern Europe and Asia. In addition to peripheral catheters and other disposable devices for infusion therapy, the division supplies critical care products such as central venous catheters and pulmonary artery catheters in Europe and Asia.

MDD has manufacturing and development facilities in Sweden, Germany, the U.K. and Singapore, with sales offices worldwide. Sales of the division were approximately $200 million in 1997.