M&A Deal Summary

STERIS Isomedix Services Acquires Cosmed Facilities

On January 7, 2004, STERIS Isomedix Services acquired medical products company Cosmed Facilities from Cosmed for 73M USD

Acquisition Highlights
  • This is STERIS Isomedix Services’ 1st transaction in the Medical Products sector.
  • This is STERIS Isomedix Services’ largest (disclosed) transaction.
  • This is STERIS Isomedix Services’ 1st transaction in the United States.

M&A Deal Summary

Date 2004-01-07
Target Cosmed Facilities
Sector Medical Products
Buyer(s) STERIS Isomedix Services
Sellers(s) Cosmed
Deal Type Divestiture
Deal Value 73M USD

Target

Cosmed Facilities

United States
Cosmed Facilities is a provider of contract sterilization services to medical supply, consumer and industrial customers.

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Buyer(S) 1

Buyer

STERIS Isomedix Services

Mentor, Ohio, United States

Category Company
Founded 1972
Sector Healthcare Services
DESCRIPTION

STERIS Isomedix Services has been committed to providing contract sterilization services to the medical device, pharmaceutical, consumer, and industrial communities for over 40 years. Blending industry-advanced technology with a team approach to Customer service, STERIS Isomedix Services offers the industry’s most comprehensive advantage, encompassing gamma radiation and ethylene oxide sterilization.


DEAL STATS #
Overall 1 of 1
Sector (Medical Products) 1 of 1
Type (Divestiture) 1 of 1
Country (United States) 1 of 1
Year (2004) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

Cosmed

Jamestown, Rhode Island, United States

Category Company
Founded 1980
Sector Healthcare Services
Employees150
DESCRIPTION

Cosmed's services included sterilization of medical devices, cosmetics, pharmaceuticals, and food. The company also offered fumigation treatment of fruits and vegetables. Cosmed built on an initial expertise in 100% ethylene oxide gas-based sterilization technology and offered an array of sterilization services. The company grew to eight plants and more than 150 employees.


DEAL STATS #
Overall 1 of 2
Sector (Medical Products) 1 of 1
Type (Divestiture) 1 of 2
Country (United States) 1 of 2
Year (2004) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-19 iuvo BioScience - Ethylene Oxide Contract Sterilization Operation

Rush, New York, United States

iuvo BioScience LLC - Ethylene Oxide Contract Sterilization Operation is a provider of life science products.

Sell -