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Becton Dickinson Sells Surgical Instrumentation To Steris For $540M

 
• By Reed Miller

The divestiture is part of BD’s ongoing plan to cut 20% of its total product portfolio by 2025.

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• Source: Shutterstock

Steris will pay $540m, minus a $60m tax break, to acquire Becton Dickinson’s surgical instrumentation, laparoscopic instrumentation, and sterilization container assets, the companies announced on 20 June.

The acquisition includes three of BD’s interventional instrument brands: V Mueller laparoscopic and open-surgical instruments, Snowden-Pencer ergonomic laparoscopic instruments, and Genesis sterilization containers. About 360 people who support those products...

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