Buyer: ICU Medical Inc
Seller: Pfizer Inc
Sector: Medical Device, Medical Supplies
ICU Medical Inc (San Clemente, CA) completed its acquisition of the Hospira Infusion Systems (HIS) (Lake Forest, IL) business from Pfizer Inc (New York, NY). The Hospira Infusion Systems business includes I.V. pumps, solutions, and devices. According to the company, the Hospira Infusion Systems acquisition complements ICU Medical’s existing business to create a company with a complete I.V. therapy product portfolio from solutions to pumps to non-dedicated infusion sets. In addition, the acquisition gives ICU Medical a significantly enhanced global footprint and platform for continued competitiveness and long-term growth. With an integrated product offering, the company now holds industry-leading positions in key segments and has access to the full U.S. infusion marketplace with a compelling product portfolio.