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Smiths Medical MD, Inc. (Formerly Known as Deltec,) Strengthens Medical Business With Acquisition Of US Respiratory Care Device Company For $55 Million


10/19/2005 5:08:57 PM

Smiths Medical, one of the four operating divisions of Smiths Group plc, has announced that it has completed the acquisition of the US respiratory care device company DHD Healthcare, for a total of $55 million from Riverside Capital of Cleveland, Ohio. DHD products are widely used to care for the respiratory needs of patients in a variety of therapeutic and critical care applications. Smiths satisfied the acquisition in cash.

Read at BioSpace.com

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