Kimberly-Clark buys Tecnol in $428m share swap:
This article was originally published in Clinica
Executive Summary
Kimberly-Clark has acquired Tecnol Medical Products in a share swap valued at $428 million. Tecnol sells more than half the disposable face masks used in US hospitals, as well as ice packs, blood pressure cuffs and wound dressings. The acquisition with give K-C sales of around $500 million a year.