NEW YORK, Oct. 10 (UPI) -- New York-based buyout firm Kohlberg Kravis Roberts & Co. is leading a $1.3 billion purchase of medical device maker Accellent Inc.
KKR got its interest in Accellent from a syndicate led by KRG Capital Partners LLC of Denver, American City Business Journals reported Monday.
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Accellent, which employs about 4,000 people, makes products, including catheters, stents, spinal implants and pacemakers, with Boston Scientific Corp. of Natick, Mass., among its largest customers.