Salona Global Medical Device Corporation /
Mio-Guard, LLC
Salona Global Medical Device Corporation to merge with Mio-Guard, LLC
- Terms
- Not stated
- Stage
- Agreement signed
What happened
Salona Global Medical Device Corporation has agreed to acquire Mio-Guard, LLC through a merger, with Mio-Guard merging into a subsidiary of Salona Global. The merger agreement was entered into on Feb. 18, 2022, and remains subject to closing conditions.
Mio-Guard's business includes developing, distributing and selling medical devices. The agreement provides for Class B Units as merger consideration, with additional units tied to quarterly periods and EBITDA.
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Salona Global Medical Device Corporation to merge with Mio-Guard, LLC
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