PORTLAND, ME - JUNE 17: Doctor Robert Ecker holds a device called a stent retriever, which is used in groundbreaking new treatment for a major stroke by removing blood clots in the brain in  Portland, ME on Wednesday, June 17, 2015. The device is guided toward the stroke-caused blood clot in the brain through a major artery, and the fine mesh-like end of the device traps the blood clot. Once the blood clot is trapped, the device is removed, taking with it the blood clot. (Photo by Whitney Hayward/Portland Portland Press Herald via Getty Images)

Balt

Sector Healthcare
Location Paris
Date acquired 2015
Transaction size Not disclosed

A designer, manufacturer and distributor of medical devices


To learn more about the company, click here.

Balt offers a range of medical devices such as stents, coils, and catheters used to prevent and treat brain strokes and aneurysms. Headquartered in France, the company focuses on so-called ‘interventional neuroendovascular radiology’ (INR) devices, used in minimally invasive techniques to correct and stabilise strokes, aneurysms and arteriovenous malformations.

A pioneer in its field, the company operates within a niche market with a well-developed patented product portfolio and is accelerating its growth by adding further production capacity, focusing on product innovation and enlarging its distribution network worldwide. Volumes of INR devices are forecast to increase significantly as the number of patients diagnosed grows on the back of an ageing population and increased rates of obesity. 95% of the revenues are generated outside France.

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