Navigation Links
Cantel Medical Acquires Byrne Medical, Inc., Substantially Increasing Its Presence in GI Endoscopy
Date:8/2/2011

nd single-use high-level disinfectants, along with the robust demand experienced for the Byrne Medical products, attest to this growing world-wide movement."

Krakauer continued, "I am particularly impressed with Byrne Medical's distinctive understanding of the issues faced by the frontline GI medical personnel and the ability to translate that into ingenious products that solve real problems.  Don Byrne has created an outstanding, customer-focused company with great products, excellent manufacturing capabilities, a very effective consultative sales force and an impressive management team."

Don Byrne, President of Byrne Medical commented, "With so many opportunities in our sights, we believe Cantel is the perfect partner to aid us in accelerating our growth plans.  There is an excellent cultural fit between our companies, and we share an uncompromising commitment to assist healthcare providers in mitigating infection control risks.  I am so proud of what we have accomplished, and I am very thankful to the entire Byrne Medical team.  We are all excited to take this business to the next level in our partnership with Cantel and Minntech."

To finance the transaction, Cantel Medical initiated a new, five-year $150.0 million credit facility ($100.0 million revolver and $50.0 million term loan) with its existing syndicate comprised of Bank of America, Wells Fargo and PNC Bank.  

In accounting for the transaction, both the $10 million of restricted stock-with-a-floor and the potential $10 million in additional contingent consideration will result in mark-to-market fluctuations in future reported earnings of Cantel Medical.  Any such significant movements will be highlighted in the announcement of those results.

The Company will hold a conference call to discuss the acquisition of Byrne Medical on Wednesday, August 3, 2011 at 11:00 AM Eastern time. To participate in the conference call dial (877) 407-8033 or (2
'/>"/>

SOURCE Cantel Medical Corp.
Copyright©2010 PR Newswire.
All rights reserved

0

GOOD

Page: 1 2 3 4 5

Related medicine technology :

1. Cantel Medical Corp.s Crosstex Subsidiary Addresses School MRSA Concerns With SaniTyze(TM) Brand Hand Sanitizer and Sanitex(R) Surface Disinfecting Line of Products
2. Cantel Medical Corp. To Hold Conference Call To Discuss Fourth Quarter and Fiscal 2009 Results
3. Cantel Medicals Crosstex Subsidiary Launches New Specially Treated Face Mask Effective Against H1N1 Influenza
4. Cantel Medical Named to the Forbes 2009 List of the 200 Best Small Companies in America
5. Cantel Medical Corp. to Present at the Sidoti Emerging Growth Research Institutional Investor Forum
6. Cantel Medical Authorizes Semiannual Dividend
7. Cantel Medical Corp. to Hold Conference Call to Discuss Results for its First Quarter Ended October 31, 2009
8. Cantel Medical Reports 85% Increase in Net Income - EPS of $0.37 vs. $0.20 - for Quarter Ended October 31, 2009 on 10% Sales Increase
9. Cantel Medical Corp. To Hold Conference Call To Discuss Results For Its Second Quarter Ended January 31, 2010
10. Cantel Medical Reports 29% Increase in Net Income - EPS of $0.29 vs. $0.23 for Quarter Ended January 31, 2010
11. Cantel Medical Corp. to Present at the Jefferies 2010 Global Life Sciences Conference
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/22/2013)... May 22, 2013 Pomerantz Grossman ... claims on behalf of investors of Intuitive Surgical, Inc. ... ) (CUSIP: 46120E602) who purchased Intuitive Surgical common stock ... "Class Period"). Such investors are advised to contact ... or 888-476-6529, ext. 237. The investigation ...
(Date:5/22/2013)... Minn. , May 22, 2013 /PRNewswire/ ... the successful completion of its global Phase ... an internally developed program for the management ... proprietary formulation technology.  USL255 is specifically engineered ... fluctuations in topiramate blood levels observed with ...
(Date:5/22/2013)... TORONTO , May 22, 2013  Generex Biotechnology ... presentations demonstrating the superiority of the AE37 breast cancer ... Inc. ( www.antigenexpress.com ). The presentations will be made ... Clinical Oncology (ASCO) to be held in ... 2013. The presentation entitled " Booster inoculations ...
Breaking Medicine Technology:SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Intuitive Surgical, Inc. - ISRG 2Upsher-Smith Successfully Completes Phase III Study Of USL255 (Extended-Release Topiramate) For Adjunctive Treatment Of Epilepsy In Patients With Refractory Partial-Onset Seizures 2Upsher-Smith Successfully Completes Phase III Study Of USL255 (Extended-Release Topiramate) For Adjunctive Treatment Of Epilepsy In Patients With Refractory Partial-Onset Seizures 3Upsher-Smith Successfully Completes Phase III Study Of USL255 (Extended-Release Topiramate) For Adjunctive Treatment Of Epilepsy In Patients With Refractory Partial-Onset Seizures 4Generex Announces ASCO Presentations on the Antigen Express Advanced Stage AE37 Cancer Vaccine 2Generex Announces ASCO Presentations on the Antigen Express Advanced Stage AE37 Cancer Vaccine 3Generex Announces ASCO Presentations on the Antigen Express Advanced Stage AE37 Cancer Vaccine 4
... SAN DIEGO , April 21 ... company focused on the treatment of obesity, today announced ... its board of directors.  Dr. Dixon brings 30 years ... board.  This experience includes commercialization strategy, new product launches ...
... April 21 PharmaMar, a biopharmaceutical company owned by ... Zalypsis(R) and Irvalec(R) at the American Association for Cancer Research,s (AACR) 101st ... . , , , ... is the leading convention on cancer research, bringing together more than 17,000 ...
Cached Medicine Technology:Orexigen(R) Therapeutics Appoints Wendy Dixon, Ph.D. to Board of Directors 2Orexigen(R) Therapeutics Appoints Wendy Dixon, Ph.D. to Board of Directors 3PharmaMar Presents New Clinical Trials With Three Marine-Based Drugs at the American Association for Cancer Research Convention 2PharmaMar Presents New Clinical Trials With Three Marine-Based Drugs at the American Association for Cancer Research Convention 3
(Date:5/22/2013)... (PRWEB) May 22, 2013 TWITTER: @the_USO ... Family Tour together, heading to 8 countries in the next 6 ... Street, Cookie Monster and Members of Congress came together to show ... assembled 2,000 USO Care Packages for distribution to our ... celebrate the five-year partnership of Sesame Street and the USO as ...
(Date:5/22/2013)... Belleville, IL (PRWEB) May 22, 2013 ... of Veterans’ Appeals (BVA) in fiscal year 2012, with ... find themselves waiting longer for a decision as the ... to Allsup, which provides veterans disability appeal ... Department of Veterans Affairs. , Although the BVA received ...
(Date:5/22/2013)... , , WEDNESDAY, May 22 (HealthDay News) -- People who ... to attempt suicide, whether or not they also suffer ... new study. "Clinicians who are seeing patients with ... increased risk of suicide," said study co-author Mark Ilgen, ... and Evaluation Center in Ann Arbor, Mich. "Although ...
(Date:5/22/2013)... Bodybuilding.com is giving back to ... 2013) Bodybuilding.com will be donating $1 from EVERY purchase made ... “We are extremely grateful for the men and women who ... DeLuca, CEO and founder of Bodybuilding.com. “It’s an honor to ... much. Hire Heroes USA is an amazing organization that supports ...
(Date:5/22/2013)... (PRWEB) May 22, 2013 Today, Zane ... Alabama Health Insurance Exchange . Zane Benefits, which provides ... benefits, is the leader in defined contribution plans ... to Zane Benefits’ website, beginning in 2014 as part ... for individuals and small businesses will become available through ...
Breaking Medicine News(10 mins):Health News:The USO and Sesame Street Announce Spring Kick Off of World Tour at Biannual Care Package Service Project Event in DC 2Health News:The USO and Sesame Street Announce Spring Kick Off of World Tour at Biannual Care Package Service Project Event in DC 3Health News:The USO and Sesame Street Announce Spring Kick Off of World Tour at Biannual Care Package Service Project Event in DC 4Health News:The USO and Sesame Street Announce Spring Kick Off of World Tour at Biannual Care Package Service Project Event in DC 5Health News:Veterans Disability Appeals See Fewer Decisions in FY2012, Reports Allsup 2Health News:Migraine, Chronic Back Pain Tied to Higher Suicide Risk 2Health News:Migraine, Chronic Back Pain Tied to Higher Suicide Risk 3Health News:In the Spirit of Memorial Day, Bodybuilding.com is Donating a Portion of Their Sales to Hire Heroes 2Health News:Zane Benefits Publishes New Information on Alabama Health Insurance Exchange 2Health News:Zane Benefits Publishes New Information on Alabama Health Insurance Exchange 3
... researchers find reducing air particulates for just 2 days ... News) -- A breath of filtered indoor air may ... Using high efficiency particle air (HEPA) filters for just ... health in healthy, nonsmoking elderly individuals, according to a ...
... ,Barack Will Change America, WASHINGTON, Feb. 15 ... endorsed Sen. Barack Obama for,president today, calling him ... best strategy to lead the country to a ... Employees International Union endorsed Obama to,achieve economic justice, ...
... WI, February 11, 2008 -- In forests of the ... dissolved forms of sulfur and nitrogen in precipitation. In ... are released to groundwater and streams over a short ... of sulfate and nitrate in snowmelt can cause episodic ...
... reported more interpersonal conflicts had more health problems, study found ... that getting along with others is more than a key ... for your health. , Researchers who studied a survey ... along with their relatives, friends and neighbors were less likely ...
... Novo Nordisk A/S has,filed its Annual Report 2007 ... US Securities and Exchange Commission (SEC), incorporating by reference,the ... available at the,SEC,s website, http://www.sec.gov, as well ... ADR holders may receive a hard copy of the ...
... for $10,000 and Silver Screen Debut, ROSWELL, Ga., ... on the silver screen and contend for a chance ... hosted by DentaBurst brand,freshening teeth cleaners., The contest ... to March 30 to submit a short video (no ...
Cached Medicine News:Health News:HEPA Filters May Improve Cardiovascular Health 2Health News:SEIU Members Endorse Sen. Barack Obama 2Health News:Melting snow provides clues for acidification 2Health News:Unlike Fine Wine, Crabby People Don't Age Well 2Health News:Unlike Fine Wine, Crabby People Don't Age Well 3Health News:DentaBurst(TM) Freshening Teeth Cleaners Launches Outshine Everyone Video Contest 2
... reference laboratory and a worldwide leader in ... an extensive test menu of highly complex ... anatomic pathology. Owned by the University of ... half of the nation's university teaching hospitals ...
... ARUP Laboratories is a national reference laboratory ... research and development. ARUP offers an extensive ... medical tests in clinical and anatomic pathology. ... Laboratories' clients include more than half of ...
... ARUP Laboratories is a national reference ... laboratory research and development. ARUP offers an ... unique medical tests in clinical and anatomic ... ARUP Laboratories' clients include more than half ...
... ARUP Laboratories is a national reference laboratory ... research and development. ARUP offers an extensive ... medical tests in clinical and anatomic pathology. ... Laboratories' clients include more than half of ...
Medicine Products: