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AngioDynamics Off-Loads Namic Fluid-Management Business To Medline

 
• By Reed Miller

Medline Industries will pay $167.5m for the Namic brand of manifolds, contrast management systems, closed fluid systems, guidewires, disposable transducers and interventional accessories. It also includes a manufacturing facility and the manufacturing, sales and marketing staff that support Namic.  

Investing in new business and invest in an economic future while divesting in old industry with an old tree shaped as a finance pie chart graph funding a green tree with 3D illustration elements.
• Source: shutterstock.com

AngioDynamics Inc. has signed a definitive agreement to sell its Namic fluid-management portfolio to Medline Industries Inc. for $167.5m.

The Namic line includes manifolds, contrast management systems, closed fluid systems, guidewires, disposable transducers, and interventional accessories. Medline will also get a manufacturing facility in Glens Falls, NY along with...

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