Cantel Medical Corporation

Cantel Medical Corp.
Type	Subsidiary
Traded as	NYSE: CMD
ISIN	US1380981084
Industry	Medical devices
Founded	1963; 60 years ago (1963)
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
Revenue	US$871.92 million (2018)
Operating income	US$121.66 million (2018)
Net income	US$91.04 million (2018)
Total assets	US$963.71 million (2018)
Total equity	US$608.87 million (2018)
Number of employees	2,693 (July 31, 2018)
Parent	Steris
Divisions	MEDIVATORS Inc. Mar Cor Purification Crosstex International, Inc.
Website	cantelmedical.com
Footnotes / references ^[2]

Cantel Medical Corporation is an American company which produces and sells medical equipment. The company is based in Little Falls, New Jersey. The company has three subsidiaries:^{[citation needed]}

MEDIVATORS, based in Minneapolis, Minnesota, which sells dialysis, endoscope reprocessing and therapeutic filtration
Crosstex, based in Hauppauge, New York, which sells healthcare disposables, primarily dental supplies and disinfectants
Mar Cor Purification, with locations in Skippack, Pennsylvania, and Plymouth, Minnesota, 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]

^ ^a ^b ^c ^d "Cantel Medical Corp. Profile". MarketWatch.com. Retrieved 2020-01-04.
^ "Cantel Medical Corp. 2018 Annual Report Form (10-K)". U.S. Securities and Exchange Commission. July 31, 2018. Retrieved August 1, 2019.
^ Densford, Fink (March 21, 2018). "Cantel Medical picks up healthcare software dev Aexis Medical for $25m". MassDevice.com. Archived from the original on August 4, 2019. Retrieved January 5, 2020.
^ "Cantel Medical Acquires Aexis Medical". PR Newswire. March 21, 2018. Archived from the original on March 30, 2018. Retrieved January 5, 2020.
^ Densford, Fink (January 11, 2019). "Cantel Medical acquires dental tech dev Vista Research Group for $11m". MassDevice.com. Archived from the original on June 13, 2019. Retrieved January 5, 2020.
^ Perriello, Brad (October 2, 2019). "Cantel Medical closes Hu-Friedy buy". MassDevice.com. Archived from the original on October 4, 2019. Retrieved January 5, 2019.
^ "STERIS Completes the Acquisition of Cantel Medical". sterisplc.gcs-web.com. 2021-06-02. Retrieved 2021-09-14.

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This page was last edited on 19 July 2023, at 13:26