Add-on Acquisition • Medical Products

MIP Acquires Cromptons Healthcare

On November 22, 2016, MIP acquired medical products company Cromptons Healthcare

Acquisition Context
  • This is MIP’s 1st transaction in the Medical Products sector.
  • This is MIP’s 1st transaction in the United Kingdom.

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M&A Deal Summary

Date November 22, 2016
Target Cromptons Healthcare
Sector Medical Products
Buyer(s) MIP
Deal Type Add-on Acquisition

Target Company

Cromptons Healthcare

Hampshire, United Kingdom
Cromptons Healthcare Ltd. is a supplier of reusable and single use healthcare products, including patient positioning devices and garments, to healthcare facilities and outsourced laundry service providers throughout England, Scotland, Wales and Northern Ireland.
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Buyer Overview 1

Buyer

MIP

Montreal, Quebec, Canada

Category Company
Founded 1977
Sector Medical Products
DESCRIPTION

MIP is a global manufacturer and distributor of high-performance textile and related products to hospitals and long-term care facilities throughout North America, Europe, the United Kingdom and South America. MIP was founded in 1977 and is based in Montreal, Quebec.


Deal Context for Buyer #
Overall 1 of 1
Sector: Medical Products 1 of 1
Type: Add-on Acquisition 1 of 1
Country: United Kingdom 1 of 1
Year: 2016 1 of 1