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New Deal


Announced

Completed

Evoqua Water Technologies completed the acquisition of the renal business of Steris for $196m.

Financials

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Transaction Value£148m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Acquisition

water treatment systems

Single Bidder

United States

Private

Domestic

Friendly

Environmental / Waste Management

Completed

Synopsis

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Evoqua Water Technologies, a provider of mission-critical water treatment solutions, completed the acquisition of the renal business of Steris, an Irish-domiciled medical equipment company specializing in sterilization and surgical products for the US healthcare system, for $196m. "We are thrilled to officially welcome Mar Cor to the Evoqua family. With the close of this transaction, Evoqua is well-positioned to expand our service footprint in North America to provide proven water solutions for the healthcare industry," Ron Keating, Evoqua CEO.

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