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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