10.29.15
Medline Industries Inc. has acquired the Compat line of pumps and administration sets in the United States and Canada from Nestlé Health Science. Terms of the deal were not disclosed.
The Compat pumps and sets deliver nutrition formulas or hydration to an enteral access device (feeding tube). The move, according to executives, establishes Medline as the second-largest player in the enteral feeding pump and administration set market, thereby strengthening the company’s foothold and competitive position.
“With an increased awareness of the relationship between health and nutrition, this acquisition plays an important role in our strategic intent to offer quality, cost-effective nutrition and nutrition delivery products to the hospital, nursing home and home health markets,” said Luke Stevens, division president of Nutrition and Pharmaceuticals at Medline. “We are excited to integrate these pumps and sets into our current nutrition product portfolio, providing customers with a more complete offering.”
The sale includes the Compat Enteral feeding pump, Compat Dualflo Enteral feeding pump, Compat pump administration sets and Compat Dualflo pump administration sets.
The deal closed earlier this year.
Based in Mundelein, Ill., Medline is a global manufacturer and distributor of medical supplies and clinical solutions.
The Compat pumps and sets deliver nutrition formulas or hydration to an enteral access device (feeding tube). The move, according to executives, establishes Medline as the second-largest player in the enteral feeding pump and administration set market, thereby strengthening the company’s foothold and competitive position.
“With an increased awareness of the relationship between health and nutrition, this acquisition plays an important role in our strategic intent to offer quality, cost-effective nutrition and nutrition delivery products to the hospital, nursing home and home health markets,” said Luke Stevens, division president of Nutrition and Pharmaceuticals at Medline. “We are excited to integrate these pumps and sets into our current nutrition product portfolio, providing customers with a more complete offering.”
The sale includes the Compat Enteral feeding pump, Compat Dualflo Enteral feeding pump, Compat pump administration sets and Compat Dualflo pump administration sets.
The deal closed earlier this year.
Based in Mundelein, Ill., Medline is a global manufacturer and distributor of medical supplies and clinical solutions.