Nipro acquires full ownership of G2/Spryte Holdco for 7.7 bn yen

Nipro Corporation announced on October 28, 2025, its decision to acquire an additional 61% stake in G2/Spryte Holdco, LLC, making it a wholly-owned subsidiary. This move increases Nipro’s ownership from 39% to 100% of G2/Spryte Holdco, LLC, an equity method affiliate established in 2024 through a joint venture with Adams, LLC. The acquisition is scheduled for December 19, 2025, with an acquisition cost of approximately 7.7 billion yen for the 149,539,545 shares.

G2/Spryte Holdco, LLC, based in Sudbury, MA, USA, is a holding company with a capital of $93,445,859. The full acquisition aims to maximize the value of G2/Spryte Holdco, LLC by leveraging its advanced technology and market potential in the vascular business. Financial highlights for G2/Spryte Holdco, LLC as of December 31, 2024, include consolidated net assets of -9,635 million yen and consolidated total assets of 3,913 million yen, with consolidated net sales of 757 million yen.

Adams, LLC, the selling party, is a holding company based in Tokyo, Japan, with a capital of 200,001 yen. As of December 31, 2024, Adams, LLC reported net assets of 6,343 million yen and total assets of 6,344 million yen. Nipro will continue to assess the impact of this acquisition on its business performance.