CareFusion Corporation, a medical technology based in San Diego, has announced an agreement to sell its International Surgical Products distribution business to Medline for approximately $130 million, according to a CareFusion news release.
The business sells medical consumable products in four main categories: drapes and gowns, custom procedure trays, surgeon and exam gloves and fluid management products. The business generates sales of approximately $440 million annually.
As part of the agreement, Medline will continue to distribute CareFusion products in certain geographies. The acquisition is expected to close in April, subject to customary conditions.
Read the news release about CareFusion and Medline.
Read other coverage about Medline:
- Medline Launches Orthopedic Soft Goods Line
- Amerinet, Medline Sign New Agreement
- Medline Acquires O'Hara Assets
The business sells medical consumable products in four main categories: drapes and gowns, custom procedure trays, surgeon and exam gloves and fluid management products. The business generates sales of approximately $440 million annually.
As part of the agreement, Medline will continue to distribute CareFusion products in certain geographies. The acquisition is expected to close in April, subject to customary conditions.
Read the news release about CareFusion and Medline.
Read other coverage about Medline:
- Medline Launches Orthopedic Soft Goods Line
- Amerinet, Medline Sign New Agreement
- Medline Acquires O'Hara Assets