Medline has announced a definitive agreement to acquire Ecolab, Inc.’s global surgical solutions business, including their renowned Microtek product lines. With this acquisition, Medline will gain access to innovative sterile drape solutions for surgeons, patients, and operating room equipment, as well as Ecolab’s fluid temperature management system.
The company is excited about the opportunity to build on the established reputation of the Microtek brand by combining its legacy of innovation and reliability in these sectors with Medline’s extensive commercial presence, leading supply chain capabilities, and strong manufacturing expertise. The goal is to enhance services and provide cutting-edge solutions to customers in the healthcare industry.
Medline’s president and chief operating officer, Jim Pigott, expressed the company’s enthusiasm for acquiring a portfolio of operating room products known for ensuring the safety of patients and healthcare workers. With Medline’s commercial resources and operational focus, the company believes it is well-positioned to grow this critical business and deliver exceptional services to their customers.
Additionally, the acquisition presents an opportunity for Medline to expand its design and development capabilities to support OEM customers. These new capabilities will enable Medline to offer complementary products that safeguard both patients and advanced equipment in surgical settings.
The integration of the Ecolab surgical solutions team into the Medline family is anticipated with excitement as both companies share a commitment to innovation, quality, and improving healthcare services. The transaction is subject to standard closing conditions and regulatory approvals, with an expected completion in the second half of 2024.
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