Company:Cantel Medical Corporation

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Short description: American healthcare company


Cantel Medical Corp.
TypePublic
ISINUS1380981084
IndustryMedical devices
Founded1963
Headquarters
Little Falls, New Jersey
,
U.S.
Key people
  • Charles Michael Diker (Chairman) [1]
  • George L. Fotiades (President, CEO)[1]
  • Peter G. Clifford (COO, EVP) [1]
  • Shuan M. Blakeman (CFO, SVP) [1]
Products
  • Infection Prevention and compliance
  • Water Purification and Filtration
RevenueIncrease United States dollar 871.92 million (2018)
Increase US$121.66 million (2018)
Increase US$91.04 million (2018)
Total assetsIncrease US$963.71 million (2018)
Total equityIncrease US$608.87 million (2018)
Number of employees
Increase 2,693 (July 31, 2018)
Divisions
  • MEDIVATORS Inc.
  • Mar Cor Purification
  • Crosstex International, Inc.
Websitecantelmedical.com
Footnotes / references
[2]

Cantel Medical Corporation is an American company which produces and sells medical equipment. The company is based in Little Falls, NJ. The company has three subsidiaries:

  • MEDIVATORS, based in Minneapolis, MN, which sells Dialysis, Endoscope Reprocessing and Therapeutic Filtration
  • Crosstex, based in Hauppauge, NY, which sells healthcare disposables, primarily dental supplies and disinfectants
  • Mar Cor Purification, with locations in Skippack, PA and Plymouth, MN, which manufactures and sells water purification and filtration products to the medical, pharmaceutical, biotechnology, research and other industrial markets.

History

On March 21, 2018, Cantel acquired Belgium-based Aexis Medical for $24.8 million. Aexis had ~60 employees at the time of the acquisition.[3][4]

On January 11, 2019, Cantel acquired Ashland, Ohio-based Vista Research Group for $10.5 million.[5]

On October 2, 2019, Cantel acquired Chicago -based dental instrument maker Hu-Friedy for $719.4 million.[6]

In June 2021 Steris, an American medical equipment company, acquired Cantel Medical Corporation.[7]

References

  1. ↑ 1.0 1.1 1.2 1.3 "Cantel Medical Corp. Profile". https://www.marketwatch.com/investing/stock/cmd/profile. 
  2. ↑ "Cantel Medical Corp. 2018 Annual Report Form (10-K)". U.S. Securities and Exchange Commission. July 31, 2018. https://www.sec.gov/Archives/edgar/data/19446/000001944618000049/cmd7311810-k.htm. Retrieved August 1, 2019. 
  3. ↑ Densford, Fink (March 21, 2018). "Cantel Medical picks up healthcare software dev Aexis Medical for $25m". https://www.massdevice.com/cantel-medical-picks-up-healthcare-software-dev-aexis-medical-for-25m/. 
  4. ↑ "Cantel Medical Acquires Aexis Medical". PR Newswire. March 21, 2018. https://www.prnewswire.com/news-releases/cantel-medical-acquires-aexis-medical-300617185.html. 
  5. ↑ Densford, Fink (January 11, 2019). "Cantel Medical acquires dental tech dev Vista Research Group for $11m". https://www.massdevice.com/cantel-medical-acquires-dental-tech-dev-vista-research-group-for-11m/. 
  6. ↑ Perriello, Brad (October 2, 2019). "Cantel Medical closes Hu-Friedy buy". https://www.massdevice.com/cantel-medical-closes-hu-friedy-buy/. 
  7. ↑ "STERIS Completes the Acquisition of Cantel Medical". 2021-06-02. https://sterisplc.gcs-web.com/news-releases/news-release-details/steris-completes-acquisition-cantel-medical. 

External links




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