Tag: Hillrom
Baxter, Hillrom ‘unite’ to accelerate connected care
September 7, 2021HME News Staff
DEERFIELD, Ill., and CHICAGO – Baxter International announced on Sept. 2 that it has entered into a definitive agreement to buy Hillrom for $156 per share in cash for a total equity value of $10.5 billion and a total enterprise value of about $12.4 billion, including the assumption of debt.
Baxter says the acquisition brings a highly complementary product portfolio and innovation pipeline that will enable the company to provide a broader array of medical products and services to patients...
In brief: Hillrom to buy Breathe Technologies; Option Care, BioScrip complete merger
August 9, 2019HME News Staff
CHICAGO - Hillrom has entered into a definitive agreement to buy Breathe Technologies, an Irvine, Calif.-based manufacturer of patented, wearable non-invasive ventilators, for $130 million.
“The acquisition provides an exciting growth platform that utilizes our direct Respiratory Care commercial channel and business model,” said John Groetelaars, president and CEO of Hillrom. “This transaction represents another example of our plan to strategically deploy capital with a disciplined...
Hillrom to enter NIV market
August 7, 2019HME News Staff
CHICAGO - Hillrom has entered into a definitive agreement to buy Breathe Technologies, an Irvine, Calif.-based manufacturer of patented, wearable non-invasive ventilators, for $130 million.
“The acquisition provides an exciting growth platform that utilizes our direct Respiratory Care commercial channel and business model,” said John Groetelaars, president and CEO of Hillrom. “This transaction represents another example of our plan to strategically deploy capital with a disciplined...