Medline Completes Acquisition of Centurion Medical Products

Buyer: Medline
Seller: Centurion Medical Products
Date / Year: December 8, 2017
Sector: Medical Supply, Medical Device

NORTHFIELD, Ill.–(BUSINESS WIRE)–Medline today completed the acquisition of Centurion Medical Products announced last month. In addition to being a market leader in minor procedure trays, Centurion manufactures an innovative portfolio of vascular insertion trays and best-in-class securement dressings that complement the Medline ERASE BSI solution.

Centurion will continue to operate as a subsidiary of Medline. Centurion’s best known products include SorbaView SHIELD® Securement Systems, SorbaView® Dressings, Compass pressure monitoring technologies, ECO-EMEBAG and CVC Zone Bundles. Centurion kits and dressings are manufactured in five facilities in Michigan, North Carolina, Pennsylvania, Arizona and Mexico.

Medline is the largest privately-held manufacturer and distributor of high quality medical supplies and solutions in the U.S. with annual sales of more than $10 billion and more than 16,000 employees worldwide.

“The addition of Centurion to the Medline family gives us a complete product offering in the vascular access market and brings more depth to our Infection Prevention solutions for customers,” said Jim Pigott, group division president at Medline. “As healthcare’s focus increasingly moves towards prevention, we are ensuring we can meet and anticipate the needs of providers in this area.”

About Medline

Medline is a global manufacturer and distributor serving the healthcare industry with medical supplies and clinical solutions that help customers achieve both clinical and financial success. Headquartered in Northfield, Ill., the company offers 350,000+ medical devices and support services through more than 1,400 direct sales representatives who are dedicated points of contact for customers across the continuum of care. For more information on Medline, go to www.medline.com or http://www.medline.com/social-media to connect with Medline on its social media channels.

The M&A activity across healthcare sectors continue to drive strong valuation and strategic options for business owners. Considering a sale, merger or recapitalization? If your business is ready, the market opportunities and strategic options in the current market are worthy of your consideration.

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