Terumo BCT, a subsidiary of Terumo Corp. (TYO:4543), said it acquired its onetime blood products distributor GADA Turkey for an undisclosed amount.
GADA Turkey, a subsidiary of the GADA Group Holding, was a Terumo BCT distributor to blood banks and hospitals in Turkey since 2009.
The deal gives Terumo a direct relationship with Turkish blood banks & hospitals and “the ability to drive further adoption of critical blood transfusion technologies,” according to a press release.
"Strategically the GADA Group is a great fit. It is a well-run company with a strong reputation for customer service, quality and collaboration. With this acquisition we will expand our presence in Turkey and the success we have had with our automated collection and therapeutic aphaeresis products. We also intend to introduce whole blood automation and our Mirasol blood safety products in the Turkish market. We look forward to continuing the high level of support to our customers with field-based resources, and to providing them with direct access to our wide range of products and services,” Terumo BCT senior vice president and EMEA general manager Vincent Gaspar said in prepared remarks.