Medline Acquires Ecolab’s Surgical Solutions Business for $950 Million
Medline Industries announced that it was acquiring Ecolab’s surgical solutions business for $950 million. The deal encompasses the entire portfolio of products from Ecolab’s Microtek Medical line, which includes a variety of common hospital sanitation and personal protective equipment for healthcare workers. Medline Industries is a global manufacturer and distributor of medical supplies and clinical solutions. Headquartered in Northfield, Illinois, Medline has more than 34,000 employees worldwide and does business in more than 125 countries and territories. This deal will provide Medline with sterile drape solutions for surgeons and Ecolab’s fluid temperature management... Read More »
PE Firm KKR Picks up Bengaluru-based Healthium
KKR & Co. announced on Monday its acquisition of Bengaluru, India-based medical devices company Healthium Medtech from an affiliate of funds advised by private equity firm Apax Partners. Healthium was previously known as Sutures India. It is the leading medical device company in India that develops, manufactures and sells a broad range of surgical products globally. Its portfolio caters to a wide spectrum of surgeons’ needs, offering wound closure, arthroscopy, and advanced wound closure products. Healthium’s key brands include Trusynth, Truglyde, Trubond and Sironix. Apax Partners previously acquired the company in 2018. KKR is a leading global investment firm that manages multiple... Read More »
Osstem Implant Acquires Implacil de Bortoli
Osstem Implant announced on May 2 that it entered into an agreement to acquire a 100% stake in Implacil de Bortoli for $89.8 million. Implacil de Bortoli is a Brazilian dental implant firm. With a portfolio of approximately 1,300 product items, the company offers a complete dental solution, ranging from dental implants and prosthetic components to surgical kits and biomaterials. The company has an annual production capacity of 9.1 million units and operates five distribution centers covering more than 13,000 clients across Brazil. According to the press release, the company reported $874 million in revenue in 2023. Osstem Implant, which is backed by MBK Partners and UCK... Read More »
Vista Apex Acquired by Behrman Capital
On April 10, Behrman Capital announced that it entered into an agreement to acquire Vista Apex. Vista Apex manufactures a variety of consumable dental products for preventative oral hygiene, endodontics and restorative dentistry, including RE-GEN™ Bioactive Bulk Fill Composite, a popular bulk fill, dual-cure methacrylate-based material formulated to allow clinicians to fill all classes of restorations without shrinkage. The company was founded in 1997. Behrman Capital, a private equity firm, has raised more than $3 billion since its formation in 1991. Healthcare services is one of the firm’s three industry focuses. It is based in New York City. This transaction is... Read More »
