Steris completes $540M acquisition of Becton, Dickinson surgical instrument unit

Steris, a medical device company, has completed its acquisition of medical technology company Becton, Dickinson and Co.’s surgical instrumentation platform in a $540 million deal.

Advertisement

As part of the deal, Steris received three manufacturing facilities in St. Louis, Cleveland and Tuttlingen, Germany, according to an Aug. 3 news release from the company. The acquisition also includes about 360 BD employees that will be transferred to Steris. 

The projected annual revenue for the acquired businesses is about $170 million, according to the release. 

At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 18–20 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.

Advertisement

Next Up in Supply chain

Advertisement

Comments are closed.