ConvaTec to buy 180 Medical Holdings for $321 million
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ConvaTec to buy 180 Medical Holdings for $321 million

www.reuters.com   | 01.09.2012.

(Reuters) - Medical technology firm ConvaTec said it will buy privately owned 180 Medical Holdings Inc, a maker of catheters and urologic medical supplies, for $321 million.
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ConvaTec, which private equity firms Nordic Capital and Avista Capital Partners bought from Bristol-Myers Squibb Co in 2008, said the deal will close late in the third quarter.

Skillman, New Jersey-based ConvaTec makes wound care and ostomy care products.

(Reporting by Prateek Kumar in Bangalore; Editing by Maju Samuel)


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