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On the Record · ICU Medical

ICU Medical acquisitions, on the record

The businesses ICU Medical bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
Pfizer Inc.'s Hospira Infusion Systems business
Word for word“In February 2017, we acquired Pfizer Inc.’s (“Pfizer”) Hospira Infusion Systems (“HIS”) business.” 10-K for 2023
acquisitionIn February 2017—
Pursuit Vascular, Inc.
Word for word“In November 2019, we acquired Pursuit Vascular, Inc. (“Pursuit”).” 10-K for 2023
acquisitionIn November 2019—
Smiths Medical 2020 Limited, the holding company of Smiths Group plc's global medical device business
Word for word“The cash consideration for the transaction was $1.9 billion, which was financed with existing cash balances and borrowings under the Credit Agreement.” 10-K for 2023
acquisition—The cash consideration for the transaction was $1.9 billion
a small foreign infusion systems supplier
Word for word“In 2021, we acquired a small foreign infusion systems supplier for approximately $15.4 million.” 10-K for 2023
acquisitionIn 2021approximately $15.4 million
Otsuka Pharmaceutical Factory America, Inc.
Word for word“In November 2024, we entered into a purchase agreement with Otsuka Pharmaceutical Factory America, Inc.” 10-K for 2024
agreed divestitureIn November 2024—
a certain line of infusion products in China
Word for word“(3) Relates to the sale of a certain line of infusion products in China.” 10-K for 2024
divestiture——
Pfizer Inc.'s Hospira Infusion Systems ("HIS") business
Word for word“In February 2017, we acquired Pfizer Inc.’s (“Pfizer”) Hospira Infusion Systems (“HIS”) business.” 10-K for 2025
acquisitionFebruary 2017—
IV Solutions business (60% interest sold to Otsuka Pharmaceutical Factory America, Inc.)
Word for word“Pursuant to the agreement, we sold 60% of our IV Solutions business to Otsuka Pharmaceutical Factory America, Inc. a Delaware corporation ("OPF") and the Company retained 40 % ownership interest in the business.” 10-K for 2025
divestiture——
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)Cash received from selling businessesGoodwill from acquisitions
2016-12-31$2.6 million$0$0
2017-12-31$162.4 million$0$6.5 million
2018-12-31$1.3 million—$1.3 million
2019-12-31$76.1 million—$20 million
2020-12-31$0——
2021-12-31$14.5 million—$10.6 million
2022-12-31$1.84 billion—$1.47 billion
2023-12-31$0$0—
2024-12-31$0$0—
2025-12-31—$211.2 million—

Deal filings since 2016

Read from ICU Medical’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-19. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.