Ecolab Inc.’s Global Surgical Solutions Divested to Medline Industries for $950 Million: Focusing on Sustainability and Medical Supply Needs
Ecolab Inc. is currently being represented by Cleary Gottlieb in the divestiture of its global surgical solutions business to Medline Industries LP for approximately $950 million. The transaction is expected to be finalized in the second half of 2024, pending customary closing conditions and regulatory approvals.
Medline Industries LP is a renowned medical supply manufacturer, distributor, and solutions provider serving various healthcare settings such as hospitals, nursing homes, surgery centers, physician offices, and more. The company caters to a wide range of healthcare facilities and retail outlets, helping them meet their medical supply needs.
On the other hand, Ecolab Inc. is recognized as a global leader in sustainability, offering water, hygiene, and infection prevention solutions that safeguard both people and essential resources. The company provides science-based solutions, data-driven insights, and top-notch service to enhance food safety, ensure clean environments, and maximize water and energy efficiency.