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Announced

Completed

SunMed completed the acquisition of the respiratory health business of Avanos Medical.

Financials

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

Tags

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United States

Domestic

Acquisition

Private

Friendly

Single Bidder

respiratory health

Health Care Services

Majority

Completed

Synopsis

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SunMed, a medical device manufacturer, completed the acquisition of the respiratory health business of Avanos Medical, a medical technology company making clinical medical devices. Financial terms were not disclosed. “We’re thrilled to complete this exciting milestone in AirLife’s evolution as we strengthen our leadership as a premier, completely dedicated consumable breathing products company. We are especially pleased to welcome the exceptional team that has driven the success of these market leading brands to our company. As some of the most trusted closed suction and endotracheal consumables used to treat patients in critical care, this addition to AirLife unlocks new opportunities to accelerate our growth, serve more healthcare practitioners and drive innovation across our comprehensive portfolio of leading brands,” Hank Struik, AirLife CEO.

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