Evoqua Water Technologies Acquires Renal Business from STERIS (Mar Cor / Cantel Operations)
January 3, 2022
Evoqua Water Technologies has closed the acquisition of the renal business historically operated by Mar Cor Purification and Cantel Medical, subsidiaries of STERIS Plc. The acquired business, expected to generate approximately $180 million of annualized revenue and $27 million of adjusted EBITDA (pre-synergies), expands Evoqua’s service footprint in North America and furthers its reach into the healthcare vertical.
- Buyers
- Evoqua Water Technologies
- Targets
- Mar Cor Purification (renal business), Cantel Medical (renal business), Renal business of STERIS Plc (operated by Mar Cor Purification and Cantel Medical)
- Sellers
- STERIS Plc
- Industry
- Industrial Services
- Location
- Minnesota, United States
- Transaction Type
- Divestiture
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