With five acquisitions in the infection prevention/disposables market since 2014, Cantel Medical (NYSE: CMN) is on a roll. The company, which provides infection prevention and control product and services, just announced its second medical device deal this year, buying Accutron Inc., a privately-held manufacturer of nitrous oxide delivery systems and single-use nasal masks.
The $52.5 million acquisition will expand the dental portfolio of Crosstex International, Cantel’s Healthcare Disposables segment, adding a branded, single-use disposable product line. The acquisition marks Cantel’s entry into the dental equipment market.
In February 2016, Cantel acquired the Sterility Assurance Monitoring Products division of privately-held North American Science Associates (NAMSA) for $13.5 million. In September 2015, the company spent $79.5 million to acquire Medical Innovations Group Holdings, a privately-held provider of endoscope storage and transport systems for infection control.
