# Montagu and Kohlberg Close $1.5 Billion Purchase of Teleflex Contract Manufacturing Arm, Rebranded Ingenyx

> ma · REPORTED · 2026-08-10

Montagu and Kohlberg closed their $1.5 billion all-cash acquisition of Teleflex's contract manufacturing division, carved out via Lotus US Bidco Inc. and rebranded as Ingenyx, with Teleflex estimating approximately $1.25 billion in after-tax proceeds to be directed toward $800 million in debt reduction and completion of a $1 billion share repurchase. The sale concentrates Teleflex's remaining portfolio on Vascular Access, Interventional, and Surgical segments.

About Montagu Private Equity / Kohlberg: Ingenyx (formerly Teleflex's contract manufacturing arm) is a standalone medtech contract development and manufacturing organization serving the medical device industry.

- Company: Montagu Private Equity / Kohlberg
- Sector: medical devices
- Primary source: https://www.lawrenceevans.com/2026/08/10/healthcare-news-deals-and-investments-update-august-10th-2026/

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Source: MedFuel Intel news monitor. Verification tier: REPORTED. Informational only, not investment advice. Corrections: media@medfuelinc.com.