Feb 7, 2023

Smith Gambrell Russell Represents CAIRE in Acquisition of MGC Diagnostics to Expand Clinical Healthcare Portfolio


ATLANTA (February 7, 2023) – Smith, Gambrell & Russell, LLP (SGR) is pleased to announce that the Firm served as legal counsel to CAIRE Inc., the leading global manufacturer of oxygen therapy and on-site generation systems, in its acquisition of MGC Diagnostics Holdings, Inc. (MGC), a global medical technology company dedicated to cardiorespiratory health solutions.

Through this expansion of its time-proven portfolio of personal portable and stationary oxygen therapy solutions, and larger onsite generation solutions, CAIRE adds MGC’s well-respected brand of non-invasive cardiorespiratory diagnostic systems, accessories, and consumables for the detection, classification, and management of cardiorespiratory disease. This acquisition of MGC, the number two player globally in the cardiorespiratory diagnostics sector, strengthens CAIRE’s position and focus on diagnostic technologies, further expanding its expertise in serving patients throughout the progression of pulmonary disease.

The SGR Atlanta legal team was led by Partner Rett Peaden, along with Associate Audria Crain and Associate Mina Zhan in the Corporate M&A Practice, and in close collaboration with Partner Kiyo Kojima and Exchange Attorney Shinji Yamazaki in the Japan Practice. Assistance was also provided by other subject matter attorneys throughout the Firm, including Brandon Sherlinski for employee benefits, Michael Riesen for intellectual property, David Thunhorst for Hart-Scott-Rodino filing, Eadaoin Waller for HIPAA compliance, Susan Atkinson for FDA compliance, and Phillip Hoover for environmental diligence.

About CAIRE Inc.
CAIRE Inc. is a leading global dedicated oxygen supply manufacturer. Because of its focus, experience and dedication to oxygen, CAIRE offers its customers the most innovative and effective products and services for home care, hospice, long-term care, hospitals, military, and key industrial applications. For more information, please visit

About Smith Gambrell Russell
SGR is a full-service, international law firm that advises regional, national and global businesses on a wide range of legal matters. The Firm’s 285 attorneys provide legal counsel in more than 45 specialized practice areas, including corporate transactions, litigation, intellectual property, aviation, banking, real estate, construction, employment law, and employee benefits and executive compensation. Founded in 1893, SGR has offices in Atlanta, Austin, Charlotte, Chicago, Jacksonville, London, Los Angeles, Miami, Munich, New York, Southampton, and Washington, D.C.

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