Cantel Medical Corporation

Cantel Medical Corporation is an American company which produces and sells medical equipment. The company is based in Little Falls, NJ. The company has three subsidiaries:

  • MEDIVATORS, based in Minneapolis, MN, which sells Dialysis, Endoscope Reprocessing and Therapeutic Filtration
  • Crosstex, based in Hauppauge, NY, which sells healthcare disposables, primarily dental supplies and disinfectants
  • Mar Cor Purification, with locations in Skippack, PA and Plymouth, MN, which manufactures and sells water purification and filtration products to the medical, pharmaceutical, biotechnology, research and other industrial markets.
Cantel Medical Corp.
TypeSubsidiary
NYSE: CMD
ISINUS1380981084
IndustryMedical devices
Founded1963 (1963)
Headquarters
Little Falls, New Jersey
,
U.S.
Key people
  • Charles Michael Diker (Chairman) [1]
  • George L. Fotiades (President, CEO)[1]
  • Peter G. Clifford (COO, EVP) [1]
  • Shuan M. Blakeman (CFO, SVP) [1]
Products
  • Infection Prevention and compliance
  • Water Purification and Filtration
Revenue US$871.92 million (2018)
US$121.66 million (2018)
US$91.04 million (2018)
Total assets US$963.71 million (2018)
Total equity US$608.87 million (2018)
Number of employees
 2,693 (July 31, 2018)
ParentSteris
Divisions
  • MEDIVATORS Inc.
  • Mar Cor Purification
  • Crosstex International, Inc.
Websitecantelmedical.com
Footnotes / references
[2]

History

On March 21, 2018, Cantel acquired Belgium-based Aexis Medical for $24.8 million. Aexis had ~60 employees at the time of the acquisition.[3][4]

On January 11, 2019, Cantel acquired Ashland, Ohio-based Vista Research Group for $10.5 million.[5]

On October 2, 2019, Cantel acquired Chicago-based dental instrument maker Hu-Friedy for $719.4 million.[6]

In June 2021, Steris, an American medical equipment company, acquired Cantel Medical Corporation.[7]

References
  1. "Cantel Medical Corp. Profile". MarketWatch.com. Retrieved 2020-01-04.
  2. "Cantel Medical Corp. 2018 Annual Report Form (10-K)". U.S. Securities and Exchange Commission. July 31, 2018. Retrieved August 1, 2019.
  3. Densford, Fink (March 21, 2018). "Cantel Medical picks up healthcare software dev Aexis Medical for $25m". MassDevice.com. Archived from the original on August 4, 2019. Retrieved January 5, 2020.
  4. "Cantel Medical Acquires Aexis Medical". PR Newswire. March 21, 2018. Archived from the original on March 30, 2018. Retrieved January 5, 2020.
  5. Densford, Fink (January 11, 2019). "Cantel Medical acquires dental tech dev Vista Research Group for $11m". MassDevice.com. Archived from the original on June 13, 2019. Retrieved January 5, 2020.
  6. Perriello, Brad (October 2, 2019). "Cantel Medical closes Hu-Friedy buy". MassDevice.com. Archived from the original on October 4, 2019. Retrieved January 5, 2019.
  7. "STERIS Completes the Acquisition of Cantel Medical". sterisplc.gcs-web.com. 2021-06-02. Retrieved 2021-09-14.
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