SunMed (AirLife) Acquires Avanos Medical's Respiratory Health Business

June 8, 2023

SunMed (doing business as AirLife) agreed to acquire Avanos Medical's Respiratory Health business, including the BALLARD, MICROCUFF and endOclear brands and two manufacturing facilities in Mexico. The deal (announced June 8, 2023 and completed Oct 2023) expands SunMed's anesthesia and respiratory consumables portfolio and transfers related R&D and manufacturing capabilities from Avanos as part of Avanos' broader transformation.

Buyers
SunMed (SunMed Group Holdings, LLC / AirLife)
Targets
Avanos Medical - Respiratory Health business (BALLARD, MICROCUFF, endOclear)
Sellers
Avanos Medical, Inc.
Industry
Medical Devices
Location
Georgia, United States
Transaction Type
Divestiture

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