Medline to Acquire Ecolab’s Surgical Solutions Biz

Medline began an agreement to acquire Ecolab’s global surgical solutions business, including the company’s Microtek product lines.
 
The acquisition will provide Medline with sterile drape solutions for surgeons, patients, and operating room equipment. It will also add Ecolab’s fluid temperature management system to its portfolio.
 
The deal, according to Medline, also creates the opportunity to add design and development capabilities to its portfolio to support its OEM customers. With the new capabilities, Medline said it can offer complementary products to protect patients and cutting-edge equipment in the surgical suites.
 
Medline said it intends to build on the legacy of the Microtek brand by combining the reputation for innovation and reliability in those categories with its expansive commercial footprint, supply chain capabilities, and manufacturing expertise.
 
“We are pleased to have the opportunity to acquire a leading portfolio of operating room products with such a strong reputation for protecting patients and healthcare workers,” said Medline president and COO Jim Pigott. “With our commercial capability and focus on operational excellence, we believe that Medline is best positioned to grow this critical business and provide enhanced services to support our customers. This acquisition brings us proven innovation, expanded service offerings, and a shared legacy of highest quality products. As we embark on this exciting new chapter, we are committed to a seamless integration for both employees and customers.”
 
The transaction is anticipated to close in H2 2024.
 
“We look forward to welcoming Ecolab surgical solutions team members to the Medline family and together continuing to serve our customers with innovation, quality, and a shared focus on making healthcare run better,” said Pigott.