Medline Industries Inc (Mundelein, IL) acquired the Compat line of pumps and administration sets in the U.S. and Canada from Nestlé Health Science (Covington, LA). The Compat pumps and sets deliver nutrition formulas or hydration to an enteral access device (feeding tube). The sale includes the following products sold to customers in the U.S. and Canada: Compat Enteral Feeding Pump, Compat Dualflo Enteral Feeding Pump, Compat Pump Administration Sets, and Compat Dualflo Pump Administration sets. The deal closed June 1, 2015 with a transition through August 2015.
Market Pulse transactions shown herein are provided as a matter of public record. These transactions have been compiled from press releases, corporate announcements and other public sources to provide an overview of acquisition and merger activities within the healthcare and life sciences sectors.