Cantel Medical Acquires GE Water & Process Technologies' Dialysis Water Business

LITTLE FALLS, N.J.--(BUSINESS WIRE)--CANTEL MEDICAL CORP. (NYSE:CMN) announced that its Mar Cor Purification division has completed the purchase of GE Water & Process Technologies’ water dialysis business. With approximately 1,800 installations in North America, and revenues of approximately $20 million, the acquisition expands Cantel’s water treatment division by 50%, thereby increasing the importance of water purification in Cantel’s infection prevention and control portfolio. The acquisition of assets, with a cash purchase price of $30.6 million before cash tax benefits, is expected to be accretive to earnings in the first full fiscal year.

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