Cantel Medical Snapped Up By Steris For $3.6Bn

The deal combines two of the largest providers of sterilization and infection-prevention products to create a $4bn-plus-revenue business.

Medical laboratory technician holding a set of sterile disposable instruments
sterilized instruments • Source: shutterstock.com

The acquisition of Cantel Medical by Steris, announced on 12 January, will create a giant medical device sterilization and infection control company. The stock deal values Cantel at around $3.6bn, or $84.66 a share.

Read the full article – start your free trial today!

Join thousands of industry professionals who rely on Medtech Insight for daily insights

  • Start your 7-day free trial
  • Explore trusted news, analysis, and insights
  • Access comprehensive global coverage
  • Enjoy instant access – no credit card required

More from Deals

More from Business