Vygon to Buy Perouse Medical

Vygon announced Monday that it will acquire France-based Perouse Medical, a cardiovascular and long-term vascular medical devicemaker. The two companies did not disclose financial terms of the deal.

Perouse Medical has a presence in 90 countries and a network of 200 distributors, and reported revenues of $31.4 million in 2014. As stipulated, Vygon will gain access to the company’s 162 patents.

Lansdale, Pa.-based Vygon estimates the long-term vascular access market is worth $1.2 billion. The company develops single-use medical devices for hospitals and private and independent practitioners. — Jason Scott