Byrne buy bolsters Cantel's endoscopy offering
This article was originally published in Clinica
Cantel Medical has expanded its presence in the gastrointestinal endoscopy segment by purchasing Byrne Medical for $100m, making it the company's largest ever acquisition. The price comprises $90m in cash and around 400,000 Cantel shares, valued at $10m in total. Cantel will also make another milestone payment of $10m if certain profit targets are met.