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KCI gets out of bed business

September 25, 2012Theresa Flaherty, Managing Editor

SAN ANTONIO - Getinge AB, a player in the European support surfaces market, is positioning itself to become a major player on this side of the Atlantic with its acquisition of Kinetic Concept, Inc.'s (KCI) support surfaces business. The Sweden-based Getinge in August agreed to buy Therapeutic Support Systems (TSS) from KCI for $275 million. “TSS is very strong in North America, with 60% of its revenues coming from the U.S. market,” Johan Malmquist, CEO of Getinge Group, said...

Getinge AB, KCI, Kinetic concepts