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In brief: KCI sells to 3M, senators introduce accessories bill

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05/03/2019

SAN ANTONIO and NEW YORK – A consortium of funds led by Apax Partners has entered into a definitive agreement to sell Acelity and its KCI subsidiaries worldwide to 3M for about $6.725 billion.

KCI sells to 3M

 - 
05/03/2019

SAN ANTONIO and NEW YORK – A consortium of funds led by Apax Partners has entered into a definitive agreement to sell Acelity and its KCI subsidiaries worldwide to 3M for about $6.725 billion.

KCI to lay off 68 employees

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02/15/2018

SAN ANTONIO – KCI USA, a subsidiary of Acelity, will lay off 68 workers in May, according to a notice filed with state labor regulators and reported by the San Antonio Express-News.

KCI still without contracts

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08/19/2016

SAN ANTONIO – Acelity—formerly Kinetic Concepts—has contracted with suppliers to provide negative pressure wound therapy products, while it continues fighting for its own contract, company execs say.