US company Key Surgical has merged with its German rival, Interlock, to form a global sterile processing organization. The deal follows on from Interlock's acquisition last year of UK company Clinipak. Healthcare investor, Water Street Healthcare Partners, led the merger of the businesses. Financial terms of the deal were not disclosed.
Key Surgical president and chief operating officer Brian O'Connell told Medtech Insight the merger positions the company as a global...