M&A Deal Summary

Diploma Acquires Carsen Medical

On December 23, 2010, Diploma acquired medical products company Carsen Medical for 26M CAD

Acquisition Highlights
  • This is Diploma’s 2nd transaction in the Medical Products sector.
  • This is Diploma’s 5th largest (disclosed) transaction.
  • This is Diploma’s 2nd transaction in Canada.
  • This is Diploma’s 2nd transaction in Ontario.

M&A Deal Summary

Date 2010-12-23
Target Carsen Medical
Sector Medical Products
Buyer(s) Diploma
Deal Type Add-on Acquisition
Deal Value 26M CAD

Target

Carsen Medical

Markham, Ontario, Canada
Carsen Medical, Inc. is a distributor of medical devices and related consumables and services to GI Endoscopy suites in hospitals and private clinics across Canada. CMI operates from a leasehold facility based in Markham, a suburb of Toronto, Ontario. CMI is the leading supplier in Canada of automated endoscope reprocessors, disinfectants and enzymatic detergents which are used in hospitals and private clinics to clean and disinfect endoscopes. A growing proportion of CMI's revenue is also derived from the distribution of flexible endoscopes and other related products used in the diagnosis and treatment of gastrointestinal diseases. The majority of CMI's products are distributed under long term exclusive agreements with leading manufacturers of specialised medical equipment.

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Buyer(S) 1

Buyer

Diploma

London, United Kingdom

Category Company
Founded 1931
Sector Distribution
Employees3,500
Revenue 1.2B GBP (2023)
DESCRIPTION

Diploma is a distributor and supplier of specialized technical products and services. Diploma was founded in 1931 and is headquartered in London, the United Kingdom.


DEAL STATS #
Overall 9 of 15
Sector (Medical Products) 2 of 4
Type (Add-on Acquisition) 9 of 15
State (Ontario) 2 of 2
Country (Canada) 2 of 2
Year (2010) 2 of 2
Size (of disclosed) 5 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-09-10 All Seals

Santa Ana, California, United States

All Seals, Inc. is a well established distributor of O rings and custom moulded seals to Industrial OEM customers across a range of specialist applications in aerospace, medical, agriculture and general manufacturing industries. All Seals employs 22 staff and operates from a leased facility in Santa Ana, California in the United States.

Buy £8M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-10-07 Technopath Distribution

Ballina, Ireland

Technopath Distribution Ltd. is an established supplier of products to the Biotechnology, Clinical Laboratory and Medical markets in Ireland and the UK. The company employs 40 staff at its principal location in Ballina, County Tipperary in Ireland.

Buy -