MedTech Dive May 1, 2024
The medical products supplier will acquire Ecolab’s sterile drapes and fluid temperature management systems.
Dive Brief:
- Medical products supplier Medline has agreed to acquire Ecolab’s global surgical solutions business for $950 million in cash, to gain its sterile drapes and fluid temperature management systems, the companies said on Tuesday.
- Ecolab makes sterile drapes for surgeons, patients and operating room equipment.
- The St. Paul, Minnesota-based company said it will continue to serve hospitals through its infection prevention and instrument reprocessing businesses, and the sale of surgical solutions will allow it to better focus on those lines to drive profitable long-term growth.
Dive Insight:
Ecolab’s procedure- and device-specific equipment drapes are designed to reduce the risk of infectious disease transmission,...
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