Sterilator manufactures biological indicators and supplies for sterility assurance products. Cantel Hauppauge, N.Y.-based Crosstex focuses on sterility assurance products and was bought out by Cantel in 2005.
The deal not only brings a competitor into the fold, but has the potential to enhance the quality of Crosstex’s products, Cantel said.
“This acquisition allows us to add one of our key long-standing suppliers of biological indicators to our portfolio, providing a strategic benefit to our overall sterility assurance monitoring business," Crosstex president and CEO Gary Steinberg said in prepared remarks. "I am also pleased that we will retain Sterilator’s current leadership, who will serve an integral role in new product development and R&D initiatives in sterility assurance."
Little Falls, N.J.-based Cantel bought out Israel-based Jet Prep Ltd. in November. Jet Prep is an endoscopy device company based in Herzliya, Israel, which developed the Jet Prep Flushing Device, an endoscopic tool used for washing mucosal tissue in the gastrointestinal tract. That technology already has regulatory clearances for the U.S. and E.U. markets.