Acquisition History / M3, Inc. / Elan Corporation
M3, Inc. Acquires Elan Corporation
Announced September 20, 2024 — $232.2M
What happened
Medical platform operator M3 tendered for Tokyo Prime-listed Elan, which supplies bundled hospital patient-care kits, between 20 September and 21 October 2024 with the aim of consolidating it as a subsidiary. Elan's board supported the offer. M3 took 55.00% for JPY 34.663bn.
- Acquirer
- M3, Inc.
- Target
- Elan Corporation
- Announced
- September 20, 2024
- Price
- $232.2M
- Industry
- Hospital patient care support services
- Buyer type
- Strategic acquirer
- Status
- Closed
By the numbers
Frequently Asked Questions About This Acquisition
When did M3, Inc. acquire Elan Corporation?
M3, Inc. acquired Elan Corporation on September 20, 2024. This was M3, Inc.'s 1st publicly tracked acquisition out of 1 we have on record.
How much did M3, Inc. pay for Elan Corporation?
M3, Inc. paid $232.2M for Elan Corporation.
What does Elan Corporation do?
Medical platform operator M3 tendered for Tokyo Prime-listed Elan, which supplies bundled hospital patient-care kits, between 20 September and 21 October 2024 with the aim of consolidating it as a subsidiary. Elan's board supported the offer. M3 took 55.00% for JPY 34.663bn.
What other Hospital patient care support services companies has M3, Inc. acquired?
Elan Corporation is M3, Inc.'s only publicly tracked acquisition in Hospital patient care support services so far.