Navigation Links
ConvaTec To Acquire Intermittent Catheter Provider
Date:8/31/2012

SKILLMAN, N.J., Aug. 31, 2012 /PRNewswire/ -- ConvaTec, a world-leading developer and marketer of innovative medical technologies for community and hospital care, announced today it has entered into a definitive agreement to acquire all of the capital stock of 180 Medical Holdings, Inc. ("180 Medical") for $321 million.  180 Medical is a leading U.S. provider of disposable, intermittent catheters and urologic medical supplies. 

The transaction is being funded primarily through incremental term debt under ConvaTec's credit agreement.  The transaction is subject to regulatory approval and customary closing conditions, and is expected to close late third quarter 2012.

About ConvaTec
ConvaTec is a leading developer and marketer of innovative medical technologies that have helped improve the lives of millions of people worldwide. With four key focus areas – Ostomy Care, Wound Therapeutics, Continence and Critical Care and Infusion Devices – ConvaTec products support healthcare professionals from the hospital to the community health setting. For more information, please visit www.convatec.com.

About 180 Medical
180 Medical is one of America's fastest growing "Nationally Accredited" providers of sterile use catheters, urologic and disposable medical supplies.  Based in Oklahoma City, the company is dedicated to meeting the supply needs of customers with chronic medical diagnoses such as Urinary Incontinence, Spinal Cord Injuries, Multiple Sclerosis, Transverse Myelitis, Spina Bifida, and many other urologic conditions that require catheterization.  For more information, please visit www.180medical.com.

Investor Relations Contact


Tim Winston
ConvaTec
1-908-904-2988
investorrelations@convatec.com 

Media Contact

 

Punnie Donohue

ConvaTec

1-908-904-2151

mediarelations@convatec.com

 


'/>"/>
SOURCE ConvaTec
Copyright©2012 PR Newswire.
All rights reserved

Related medicine technology :

1. ConvaTec Introduces Enhanced Flexi-Seal® SIGNAL® FMS
2. ConvaTec Announces Acquisition of AbViser Medical, LLC
3. ConvaTec Donates $10,000 To AAWC Global Volunteers Program Through SAWC Walk For Wellness
4. Hospira to Acquire Active Pharmaceutical Ingredient Manufacturing and R&D Facilities
5. QPS Acquires JSW Life Sciences, Largest Independent Contract Research Organization in Austria
6. BD Acquires Sirigen Group Limited
7. Siemens Healthcare Enters into Definitive Agreement to Acquire Penrith Corporation
8. Elsevier Acquires Atira, a Provider of Research Management Solutions
9. Pregis acquires Inter-Pac; adds PE foam rollstock/plank capacity
10. MEI Pharma to Acquire Pracinostat, a Potential Best-in-Class HDAC Inhibitor
11. Riordan Lewis & Haden
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/23/2016)... 2016  MedSource announced today that it has ... solution of choice.  This latest decision demonstrates MedSource,s ... their clients by offering a state-of-the-art electronic data ... nowEDC as the EDC platform of choice in ... "nowEDC has long been a preferred EDC platform ...
(Date:6/23/2016)... Research and Markets has announced ... Type (Organic Chemical (Sugar, Petrochemical, Glycerin), Inorganic Chemical), Functionality ... - Global Forecast to 2021" report to their ... global pharmaceutical excipients market is projected to reach USD ... in the forecast period 2016 to 2021. ...
(Date:6/23/2016)... Research and Markets has announced the ... 2016 - Forecast to 2022" report to their offering. ... up to date financial data derived from varied research sources ... with potential impact on the market during the next five ... comprises of sub markets, regional and country level analysis. The ...
Breaking Medicine Technology:
(Date:6/26/2016)... ... , ... Pixel Film Studios Released ProSlice Levels, a Media Slicing Effect ... a whole new perspective by using the title layers in ProSlice Levels to ... ProSlice Levels contains over 30 Different presets to choose from. FCPX users ...
(Date:6/26/2016)... ... June 26, 2016 , ... Many women are ... with endometriosis. These women need a treatment plan to not only alleviate symptoms ... can help for preservation of fertility and ultimately achieving a pregnancy. The specialists ...
(Date:6/25/2016)... Miami, FL (PRWEB) , ... June 25, 2016 , ... The temporary closing of Bruton ... Plant City Observer , brings up a new, often overlooked aspect of head lice: ... The closing for fumigation is not a common occurrence, but a necessary one in the ...
(Date:6/25/2016)... CA (PRWEB) , ... June 25, 2016 , ... As ... with Magna Cum Laude and his M.D from the David Geffen School of Medicine ... and returned to Los Angeles to complete his fellowship in hematology/oncology at the UCLA-Olive ...
(Date:6/25/2016)... ... ... Conventional wisdom preaches the benefits of moderation, whether it’s a matter of indulgence ... high can result in disappointment, perhaps even self-loathing. However, those who set the bar ... from PsychTests.com reveals that behind the tendency to set low expectations is ...
Breaking Medicine News(10 mins):