Embecta Corp. completed an acquisition involving Owen Mumford Holdings Limited for £100 million upfront cash plus up to £50 million milestone payments (closed 2026-05-15).
“Ellen Owen, Kim Priddis and Nancy Millington. Pursuant to the terms and conditions of the Purchase Agreement, embecta acquired Owen Mumford for an upfront cash payment of £100 million at closing (subject to customary adjustments, including for closing net cash) and will pay up to an additional £50 million upon the achievement of certain commercial milestones”
Earnings Releases
Embecta Corp. reported three and six month periods ended March 31, 2026 results: revenue $221.8 million, net income $(4.1) million, EPS $(0.07). Guidance lowered.
“debt reduction, consistent with our objective of long-term shareholder value creation." 1 Second Quarter Fiscal Year 2026 Financial Highlights : • Reported revenues of $221.8 million, down 14.4% on a reported basis; down 17.4% on an adjusted constant currency basis ◦ U.S. revenues decreased 29.4% on both a reported and adjusted constant currency basis ◦”
Material Agreements
Embecta Corp. entered into a asset purchase with Owen Mumford Holdings Limited valued at up to £150 million (effective 2026-03-19).
“hat it has entered into a definitive agreement to acquire Owen Mumford Holdings Limited (“Owen Mumford”), a privately held, UK-based innovator and manufacturer of medical devices and drug-delivery technologies, in a transaction valued at up to £150 million.”
Jake Elguicze changed role as Principal Accounting Officer at Embecta Corp..
“Jake Elguicze stepped down as the Company’s principal accounting officer, effective December 2, 2024.”
Anthony Roth was appointed as Vice President, Chief Accounting Officer and Corporate Controller; principal accounting officer at Embecta Corp..
“appointed Anthony Roth as Vice President, Chief Accounting Officer and Corporate Controller of the Company and principal accounting officer of the Company, effective as of December 2, 2024.”
Jake Elguicze changed role as Chief Financial Officer and interim principal accounting officer at Embecta Corp..
“Effective as of August 12, 2024, and until such time as a replacement is named, Jake Elguicze, the Chief Financial Officer of the Company (“CFO”) and principal financial officer of the Company (“PFO”), is expected to assume the role of PAO on an interim basis.”
Brian Capone resigned as Chief Accounting Officer and principal accounting officer at Embecta Corp..
“On August 7, 2024, Brian Capone notified Embecta Corp. (the “Company”) of his resignation as Chief Accounting Officer of the Company (“CAO”) and principal accounting officer of the Company (“PAO”), to be effective as of August 12, 2024, in order to pursue another opportunity.”
Earnings Releases
Embecta Corp. reported three and six month periods ended March 31, 2024 results: revenue $287.2 million, net income $28.9 million, EPS $0.50. Guidance raised.
“half of the year, we are raising and tightening our fiscal 2024 outlook for our key financial metrics." Second Quarter Fiscal Year 2024 Financial Highlights : • Revenues of $287.2 million, up 3.6% on a reported basis; up 4.5% on a constant currency basis ◦ U.S. revenues increased 0.8% on both a reported and constant currency basis ◦ International revenues”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.