Owens & Minor (NYSE:OMI) will not proceed with its planned acquisition of Rotech Healthcare, citing challenges in securing regulatory approval. After months of engagement with the Federal Trade Commission, the two companies agreed to terminate the transaction. Owens & Minor paid Rotech $80 million as part of the termination terms. “For many months, our teammates, […]
Rotech Healthcare
The biggest medtech M&A moves of 2024
In 2024, we saw another proactive year for some of the biggest names in medtech as they looked to bolster their ranks through acquisitions. Over the course of the year, the number of billion-dollar sales deals continued to climb, with some companies involved more than once. Analysts even suggested that, in 2025, there could be […]
Owens & Minor to acquire Rotech Healthcare for nearly $1.4B
Owens & Minor (NYSE:OMI) today announced it entered into a definitive agreement to acquire Rotech Healthcare Holdings for nearly $1.4 billion in cash. Rotech is a privately held home-based care business. The deal is valued at $1.36 billion in cash with tax benefits of approximately $40 million, resulting in a net purchase price of approximately […]
