Home » Cardinal Health Agrees to Buy Enturia for $490M
Cardinal Health Agrees to Buy Enturia for $490M
March 7, 2008
Cardinal Health, Dublin, OH, has agreed to buy Enturia Inc. for $490 million. The cash transaction includes Enturia's line of infection prevention products sold under the ChloraPrep brand name and is expected to close within 60 days.
The acquisition will expand the company's Medical Products and Technologies segment.
Enturia (www.enturia.com) was founded as Medi-Flex Hospital Products in 1985. Over the past two years, the company's revenue has grown more than 70% to $140 million in 2007. The company has about 600 employees in Kansas, Texas and the United Kingdom.
Separately, Cardinal Health has decided to pursue the sale of several smaller, non-core offerings within its Medical Products and Technologies segment. Cardinal Health says it will announce further developments as they happen.
Cardinal Health is an $87-billion global distributor of pharmaceuticals and medical supplies. The company also manufactures medical and surgical products.