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Henry Schein completed the acquisition of a majority stake in Shield Healthcare.

Financials

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Transaction Value-
Consideration TypeCash
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Tags

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United States

homecare products

Medical Equipment

Acquisition

Domestic

Majority

Private

Friendly

Single Bidder

Completed

Synopsis

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Henry Schein, a provider of health care solutions to office-based dental and medical practitioners, completed the acquisition of a majority stake in Shield Healthcare, a supplier of homecare medical products. Financial terms were not disclosed. “As the health care landscape continues to shift towards home-based case, we have expanded our business delivering medical products directly to patients through our partnership with Shield Healthcare. Through our strategic homecare products investments, our Henry Schein Medical business is increasingly well positioned to compete in the homecare medical supplies market. By combining our strong physician relationships, product distribution expertise, and corporate brand assortment, we are well positioned for growth in this market segment,” Stanley M. Bergman, Henry Schein Chairman and CEO.

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