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LeMaitre acquires InaVein for $.2.5M

LeMaitre Vascular announced that it acquired the assets of InaVein for $2.5M, or 1.1X InaVein's 2012 sales, and potential earn-out payments in 2014 and 2015 based on the performance of the acquired business and regulatory approval in China. InaVein owned and marketed the TRIVEX System, a business that carried a 60-70% gross margin.