Europe’s medical devices industry saw a drop of 20% in deal activity during July 2022, when compared with the last 12-month average, led by Peninsula Capital Partners’ $143.03m acquisition of Red Kiwi, according to GlobalData’s deals database.
A total of 32 medical devices industry deals worth $318.3m were announced for the region in July 2022, against the 12-month average of 40 deals.
Of all the deal types, venture financing saw most activity in July 2022 with 16 transactions, representing a 50% share for the region.
