The companies, which are already partners in a CRM joint venture in the People’s Republic, originally announced the deal last November.
London-based LivaNova said that its announcement follows “successful completion of works council information and consultation requirements in France,” and that it expects the deal to close during the second quarter of 2018.
LivaNova, formed by the $2.7 billion merger of Italy’s Sorin and Cyberonics in October 2015, said last September that it was putting the CRM business on the auction block. The business, which currently employs 900 individuals, pulled in sales of $249 million in 2016.
DeviceTalks West is just a few days away. Join more than 300 of your peers for a day of world-class education, networking, and a technology exhibition featuring the leading companies in the industry.
Don’t miss out on this premier opportunity to come together and share perspectives with the best of the best in the industry.
Use code LASTCHANCE to save an additional 20%.