Covidien

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Covidien plc

logo
legal form public limited company
ISIN IE00B68SQD29
founding June 29, 2007
Seat Dublin , Ireland
management José E. Almeida ( CEO )
Number of employees 38,500 (September 27, 2013)
sales 10.2 billion US dollars (2013)
Branch Medical technology
Website www.covidien.com

Administrative headquarters in Neustadt an der Donau

Dublin- based Covidien plc was a former publicly traded medical technology company that was acquired by Medtronic in January 2015 .

history

Covidien emerged from the American conglomerate Tyco International : In January 2006, the company, founded in 1960, announced that it would split into three listed companies: Tyco Healthcare, Tyco Electronics and Tyco Fire & Security. The split took place on April 29, 2007.

Covidien was officially on 29 June 2007 from the company Tyco Healthcare and produces various pharmaceutical products and medical products. Since then, several medical technology brands have been represented under the Covidien umbrella (including Auto-Suture, Bio-Surgery, Kendall, Mallinckrodt Pharmaceuticals and Mallinckrodt Imaging (until they became independent in mid-2013), Syneture, Nellcor, Puritan Bennett). At the end of 2008, the group decided to to relocate from Bermuda to Ireland. This included the transformation of the company into a public company under Irish law .

In 2010 the company announced that it had acquired the catheter manufacturer "ev3" for US $ 2.6 billion.

In June 2014, plans were announced that the US company Medtronic would buy its Irish competitor Covidien and that the company's future headquarters would be in Dublin. The acquisition was completed on January 27, 2015.

Naming

Covidien is the English-language terms Co llaboration and Co mpassion for integrated cooperation in medicine affiliated empathy for the patient and, thus have the logo, the two "C". VI stands for the Latin Vita, life.

Covidien Germany GmbH

The German branch is located in Neustadt an der Donau and is entered in the Regensburg commercial register. Covidien inherited the company's headquarters from the Kendall branch established in 1973. The company in Germany is divided into four business units:

The new owner of the company, the medical group Medtronic , announced that the jobs currently located in Neustadt will be relocated to other locations in Germany and Europe by the end of 2016.

Web links

Commons : Covidien  - collection of images, videos and audio files

Individual evidence

  1. a b Annual Report 2013, accessed April 15, 2013.
  2. ^ Press release from Covidien plc dated June 5, 2009
  3. Covidien Announces Definitive Agreement to Acquire ev3 Inc. , Qmed press release on June 1, 2010.
  4. Christiane Hanna Henkel: [ww.nzz.ch/wirtschaft/medtronic-kauf-covidien-1.18322576 Medtronic buys Covidien. ] nzz.ch, June 16, 2014, accessed June 16, 2014.
  5. http://www.zacks.com/stock/news/161930/medtronic-completes-covidien-acquisition-for-50b
  6. ^ Announcement in the Mittelbayerischer Zeitung from September 25, 2015.