Best fit deal puts Smiths Medical up with the big boys
This article was originally published in Clinica
Executive Summary
Last week, Smiths Medical announced that it is to pay $925m to acquire US safety device firm Medex. The new addition will significantly raise the London-based hospital products company's profile, not only in the medical device industry, but also within Smiths Group, the aerospace and engineering firm that it is part of. Lawrence Kinet, Smiths Medical's managing director, met Eleanor Malone a few days after the acquisition was announced