other material
confidence high
sentiment positive
materiality 0.50
TransMedics Group, Inc. (TMDX): M&A transaction — TransMedics buys two more aircraft for ~$25.2M to expand organ transport fleet
TransMedics Group, Inc.
- On Sep 21, acquired a fixed-wing aircraft from FW Equipment Leasing for ~$13.4M.
- On Sep 22, acquired a fixed-wing aircraft from Ikarus Aviation GmbH for ~$11.8M.
- These are the seventh and eighth aircraft acquired this month for the National OCS Program.
- Aircraft will be used to transport donor organs as part of TransMedics' service offerings.