Cantel Medical (NYSE:CMN) said today it acquired Accutron for approximately $52.5 million. Accutron manufactures nitrous oxide delivery systems and single-use nasal masks, and will be folded into the dental portfolio of Cantel’s healthcare disposables segment Crosstex International. “We are pleased to welcome Accutron to the Cantel family. The addition of Accutron’s portfolio of high quality, conscious […]
Cantel Medical (NYSE:CMN) today released its 3rd quarter earnings for its fiscal year 2016, beating the Street across the board and seeing shares lift. The Little Falls, N.J.-based company reported profits of $14 million, or 34¢ per share, on sales of $173.7 million for the 3 months ended April 30. That amounts to a 13.5% bottom-line […]
Cantel Medical (NYSE:CMN) said today it closed its $13.5 million buy of North American Science Associates sterility assurance business, which Cantel said it plans to fold into its Crosstex division. The NAMSA operation, which posted sales of $5.7 million last year, makes biological and chemical indicators designed to monitor the effectiveness of sterilization procedures. Little Falls, […]
Cantel Medical (NYSE:CMN) and North American Science Associates said they agreed to a $13.5 million cash deal for NAMSA’s sterility assurance business, which Cantel said it plans to fold into its Crosstex division. The NAMSA operation, which posted sales of %5.7 million last year, makes biological and chemical indicators designed to monitor the effectiveness of sterilization procedures. […]
Cantel Medical said today it acquired U.K.-based endoscope storage and transport manufacturer Medical Innovations Group Holdings Limited for $79.5 million. Medical Innovations manufactures the CleanaScope short-term scope transport system and SureStore long-term endoscope storage system, Cantel Medical said. “Ensuring the safe transport, storage and separation of reprocessed and contaminated endoscopes throughout the healthcare setting is […]
Zimmer (NYSE:ZMH), who acquired Biomet in a deal that closed this month, announced a series of personnel shifts upon the closure of the merger. Zimmer CFO and senior veep James Crines has stepped down from his position to retire, effective August 3, to be replaced by former CFO and senior veep of BiometDaniel Florin, the company said. […]
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.
Jet Prep is the developer of the Jet Prep Flushing Device, an endoscopic tool used for washing mucosal tissue in the gastrointestinal tract which already has regulatory clearances for the U.S. and E.U. markets.