Healthcare M&A » By The Online Investor Staff, updated Tue., Aug. 9, 3:35 AM
Recent mergers and acquisitions in the Healthcare M&A category.
| This Slide: #54 of 100 |
Slide #54. STERIS Corporation — Integrated Medical Systems International, Inc.
Acquirer:
STERIS Corporation (NYSE:STE)
Acquiree:
Integrated Medical Systems International, Inc.
Details:
STERIS Corporation (NYSE:STE) today announced a definitive agreement to acquire Integrated Medical Systems International, Inc. (IMS) for a purchase price of approximately $165 million, plus approximately $10 million for the purchase of real estate. IMS, a privately held business, is an endoscope repair, surgical instrument management and sterile processing consulting company. IMS revenue for the current calendar year is anticipated to be approximately $150 million.
STERIS is a provider of products and services which focused on infection prevention. Co.'s business segments are: Healthcare, which provides infection prevention and procedural products and services, including consumable products and equipment maintenance and installation services; Applied Sterilization Technologies, which provides contract sterilization and testing services for medical device and pharmaceutical manufacturers; Life Sciences, which provides consumable products, equipment maintenance, other services and capital equipment; and Dental, which provides instruments, infection prevention consumables and instrument management systems dental practitioners and dental schools.
STE SEC Filing Email Alerts Service
Open the STE Page at The Online Investor »
|
|||||||||||||||||||||
Open the STE Page at The Online Investor (in a new window) »
 Free STE Email Alerts:
Get SEC Filing Alerts Get Dividend Alerts 
|
Avg. Broker Rec.
 
|
Strong Buy (3.80 out of 4) 63rd percentile
(ranked higher than approx. 63% of all stocks covered)
Analysts' Target Price: STE Stock Forecast Based on Zacks ABR data; powered by Xignite |
