Integra LifeSciences Holdings Corporation To Acquire Miltex For $101 Million Cash

PLAINSBORO, N.J., April 20, 2006 (PRIMEZONE) -- Integra LifeSciences Holdings Corporation (Nasdaq:IART) announced today that it has agreed to acquire the shares of Miltex, Inc. ("Miltex") for approximately $101 million in cash, subject to certain adjustments. Miltex, based in York, Pennsylvania, is a leading provider of surgical and dental hand instruments to alternate site facilities, which includes physician and dental offices and ambulatory surgery care sectors. Its distribution network and service management team is recognized for providing the industry's highest levels of customer service. Miltex generated revenues of $62 million and operating EBITDA of $13 million for the year ending December 31, 2005.

Back to news