Teleflex (TFX) to Separate into Two Publicly Traded Companies

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/24/2026

1. RNG
2. DECK
3. WDC
4. BYD
5. SPOT
6. WCN
7. BMY
8. TSCO
9. BE
10. SPY

Go back to Teleflex (TFX) to Separate into Two Publicly Traded Companies

Teleflex Announces Intent to Separate into Two Publicly Traded Companies

February 27, 2025 6:33 AM EST

Teleflex to create a new, independent publicly traded company (NewCo) consisting of Teleflexs Urology, Acute Care, and OEM businesses.Teleflex RemainCo (RemainCo) will consist of Teleflexs Vascular Access, Interventional, and Surgical businesses focusing on high-growth, high-acuity, primarily hospital-focused emergent end markets.Separation expected to position RemainCo to deliver 6%+ constant currency revenue growth post-separation, to be accretive to Teleflex adjusted gross margin, initially neutral to Teleflex adjusted operating margin, and drive double-digit EPS growth in the first full year post separation.Separation will position each company to accelerate its growth profile with a simplified operating model, streamlined... More