Add-on Acquisition • Medical Products

Cantel Medical Acquires BHT Hygienetechnik

On July 31, 2017, Cantel Medical acquired medical products company BHT Hygienetechnik for 61M USD

Acquisition Context
  • This is Cantel Medical’s 12th transaction in the Medical Products sector.
  • This is Cantel Medical’s 6th largest (disclosed) transaction.
  • This is Cantel Medical’s 1st transaction in Germany.

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M&A Deal Summary

Date July 31, 2017
Target BHT Hygienetechnik
Sector Medical Products
Buyer(s) Cantel Medical
Deal Type Add-on Acquisition
Deal Value 61M USD

Target Company

BHT Hygienetechnik

Gersthofen, Germany
BHT Hygienetechnik GmbH (BHT Group) is a manufacturer of automated endoscope reprocessors and instrument washer disinfectors and related service and accessories. BHT Hygienetechnik is based in Gersthofen, Germany.
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Buyer Overview 1

Buyer

Cantel Medical

Little Falls, New Jersey, United States

Category Company
Founded 1963
Sector Medical Products
Revenue 1.0B USD (2020)
DESCRIPTION

Cantel Medical Corp. is a provider of medical device reprocessing systems for endoscopy and renal dialysis, advanced water purification equipment, sterilants, disinfectants and cleaners, sterility assurance monitoring products for hospitals and dental clinics, disposable infection control products primarily for dental and GI endoscopy markets, dialysate concentrates, hollow fiber membrane filtration and separation products. Cantel Medical was formed in 1963 and is based in Little Falls, New Jersey.


Deal Context for Buyer #
Overall 15 of 20
Sector: Medical Products 12 of 15
Type: Add-on Acquisition 11 of 15
Country: Germany 1 of 1
Year: 2017 2 of 2
Size (of disclosed) 6 of 15
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-16 CR Kennedy & Company Pty - Endoscopy Business Assets

Australia

CR Kennedy & Company Pty Ltd. - Endoscopy Business Assets consist of Cantel's Medivators®-branded automated endoscope reprocessors, chemistries, procedure room products and other consumables as well as a full sales and service organization.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-21 Aexis Medical BVBA

Tienen, Belgium

Aexis Medical BVBA is a provider of an advanced software solutions focused on the tracking and monitoring of instrument reprocessing workflows for hospitals and healthcare professionals. Aexis Medical BVBA is based in Tienen, Belgium.

Buy $25M