Coopercompanies acquires obp surgical, expanding coopersurgical's portfolio of leading medical devices

San ramon, calif., aug. 01, 2024 (globe newswire) --  coopercompanies (nasdaq: coo), today announced that coopersurgical has acquired obp surgical, a u.s.-based medical device company with a suite of single-use cordless surgical retractors with an integrated multi-led light source and dual smoke evacuation channels, and single-use surgical suction devices with an integrated, cordless radial led light source, for approximately $100 million. the products being acquired generated approximately $14.5 million of trailing twelve-month revenue. the acquisition is expected to be neutral to cooper's non-gaap earnings per share in fiscal 2024 and accretive thereafter.
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