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KCI sells bed business

August 17, 2012HME News Staff

SAN ANTONIO - Kinetic Concepts, Inc. (KCI) announced Aug. 15 that it has made good on its plan to offload its hospital bed business, selling it for $275 million to Swedish company Getinge AB. As part of the deal, Getinge, a player in the ulcer prevention market in Europe, will offer jobs to employees of KCI's Therapeutic Support Systems (TSS) business, according to a press release. TSS provides hospital beds, mattress replacement systems and other support surfaces, and generated revenues of...

Getinge, Kinetic concepts