Covidien
Covidien plc
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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 |
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:
- Surgical & Energy Based Devices ( laparoscopy , staples , sutures, hernia meshes , electrosurgery )
- Respiratory & Monitoring Solutions (ventilation, monitoring , intensive care and emergency medicine)
- Medical ( urology , enteral nutrition , thermometry , dialysis , electrodes , thrombosis prophylaxis , safety systems, modern wound care) and
- Pharmaceuticals ( contrast media , injector systems, nuclear medicine)
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
Individual evidence
- ↑ a b Annual Report 2013, accessed April 15, 2013.
- ^ Press release from Covidien plc dated June 5, 2009
- ↑ Covidien Announces Definitive Agreement to Acquire ev3 Inc. , Qmed press release on June 1, 2010.
- ↑ Christiane Hanna Henkel: [ww.nzz.ch/wirtschaft/medtronic-kauf-covidien-1.18322576 Medtronic buys Covidien. ] nzz.ch, June 16, 2014, accessed June 16, 2014.
- ↑ http://www.zacks.com/stock/news/161930/medtronic-completes-covidien-acquisition-for-50b
- ^ Announcement in the Mittelbayerischer Zeitung from September 25, 2015.