Hill-Rom diversifies surgical portfolio with Aspen deal
This article was originally published in Clinica
Hill-Rom, a company better known for its hospital beds, furniture and mobility equipment, has acquired surgical consumables company Aspen Surgical Products in a bid to diversify its offerings and gain an important source of recurring revenue. Privately-held Aspen, which has its headquarters in Caledonia, Michigan, and a subsidiary in the UK, has an extensive portfolio of products used in the operating room. These include the Bard-Parker line of conventional and safety scalpels, acquired from Becton Dickinson in 2011; Richard-Allan specialty needles; Colby fluid collection products; various operating room disposable and instrument care products; and wound care dressings.