American Industrial Partners to Acquire Avanos Medical in $1.272 Billion Cash Deal
American Industrial Partners (AIP) entered a definitive agreement to acquire Avanos Medical for $25.00 per share in cash. The all-cash transaction is valued at approximately $1.272 billion. The Board of Directors of Avanos unanimously approved the deal.
A special meeting of stockholders is scheduled for July 22, 2026, with a record date of June 18, 2026. The acquisition is expected to close in the second half of 2026. The transaction is subject to customary closing conditions, including stockholder approval and regulatory clearances.
Key Takeaways
- American Industrial Partners will acquire Avanos Medical for $25.00 per share in cash.prnewswire.comavanos.investorroom.comstocktitan.netbakerbotts.com
- The transaction is valued at approximately $1.272 billion.prnewswire.combakerbotts.com
- The deal is not subject to a financing condition.prnewswire.comstocktitan.net
- The acquisition is expected to close in the second half of 2026.prnewswire.combakerbotts.com
- A special meeting of stockholders will be held on July 22, 2026.stocktitan.net
Sources
Baker Botts Advises American Industrial Partners on $1.27 Billion Acquisition of Avanos Medical, Inc.
Baker Botts
“AIP entered a definitive agreement to acquire Avanos in an all-cash transaction.”
Avanos Medical, Inc. Agrees To Be Acquired by American Industrial Partners for Approximately 1.272 Billion
Avanos Investor Relations
“Stockholders will receive $25.00 per share in cash.”
Avanos Medical Inc. Agrees to be Acquired by American Industrial Partners for Approximately $1.272 Billion
PR Newswire
“The deal was unanimously approved by the board and is not subject to a financing condition.”