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.












