M&A Deal Summary

Beacon Medical Products Acquires Hill-Rom Holdings - Medical Gas Pipeline Business

On October 27, 2003, Beacon Medical Products acquired medical products company Hill-Rom Holdings - Medical Gas Pipeline Business from Hill-Rom

Acquisition Highlights
  • This is Beacon Medical Products’ 1st transaction in the Medical Products sector.
  • This is Beacon Medical Products’ 1st transaction in the United States.
  • This is Beacon Medical Products’ 1st transaction in Illinois.

M&A Deal Summary

Date 2003-10-27
Target Hill-Rom Holdings - Medical Gas Pipeline Business
Sector Medical Products
Buyer(s) Beacon Medical Products
Sellers(s) Hill-Rom
Deal Type Divestiture

Target

Hill-Rom Holdings - Medical Gas Pipeline Business

Chicago, Illinois, United States
Hill-Rom Holdings, Inc. - Medical Gas Pipeline Business provides medical products in US.

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Buyer(S) 1

Buyer

Beacon Medical Products

Rock Hill, South Carolina, United States

Category Company
Sector Medical Products
DESCRIPTION

Beacon Medical Products LLC is a manufacturer of centralized medical air and gas distribution equipment for use in hospitals and other medical facilities including medical air compressors and vacuum pumps, medical gas alarms, valves and gas outlets, and medical gas manifolds


DEAL STATS #
Overall 1 of 1
Sector: Medical Products M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Illinois M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2003 M&A 1 of 1

Seller(S) 1

SELLER

Hill-Rom

Chicago, Illinois, United States

Category Company
Founded 1915
Sector Medical Products
Employees10,000
Revenue 2.9B USD (2020)
DESCRIPTION

Hill-Rom manufactures and provides medical technologies and related services for the health care industry. Hill-Rom offers patient care systems, safe mobility and handling solutions, and non-invasive therapeutic products for various acute and chronic medical conditions, medical equipment rentals, surgical products, and information technology solutions. Hill-Rom was founded in 1915 and is based in Chicago, Illinois.


DEAL STATS #
Overall 2 of 4
Sector: Medical Products M&A 1 of 3
Type: Divestiture M&A Deals 2 of 4
State: Illinois M&A 2 of 2
Country: United States M&A 2 of 3
Year: 2003 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2003-10-20 Advanced Respiratory

St. Paul, Minnesota, United States

Advanced Respiratory, Inc., is the source for The Vest™ airway clearance system, a medical device that treats children and adults who have retained secretions.

Buy $83M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2004-02-02 MEDIQ

Pennsauken, New Jersey, United States

MEDIQ, Inc., operates critical care, life support and other movable medical equipment rental business in the United States. Through its national distribution network, the company serves more than 5,000 hospitals, alternate care and home care providers, nursing homes and other health care providers nationwide. The company rents over 650 different types of critical care, life support and other movable medical equipment, including adult and infant ventilators, adult, infant, neonatal and fetal monitors, infusion and suction pumps, incubators, infant warmers, pulse oximeters, sequential compression devices and oxygen concentrators. In addition, the company rents therapeutic support surfaces, overlays and mattresses and sells a variety of disposable products, accessories and repair parts to its customers primarily for use with the medical equipment it rents.

Buy $330M