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Airlife Completes Acquisition Of Avanos Medical’S Respiratory Health Business

PRIVATEOct 02, 2023

Acquiring Company

AirLife

Acquired Company

Avanos Medical

AlpharettaManufacturingBiotechnologyHealth CareMedicalMedical DeviceManufacturingBiotechnologyHealth CareMedicalMedical DeviceHealth Diagnostics

Description

AirLife, a leading North American manufacturer and distributor of consumable medical devices for anesthesia and respiratory care formerly known as SunMed, today announced the completion of its acquisition of Avanos Medical, Inc.’s (NYSE: AVNS) (“Avanos”) respiratory health business, including the BALLARD*, MICROCUFF* and endOclear® product lines.

Quick answer

AirLife is acquiring Avanos Medical, announced October 2, 2023.

How much did AirLife pay for Avanos Medical?
The deal value was not disclosed.
What does AirLife do?
AirLife, formerly known as SunMed and headquartered in Grand Rapids, Michigan with manufacturing and distribution sites in the United States, Mexico, China and Europe, is a leading medical device manufacturer, offering..
Where are AirLife and Avanos Medical based?
Avanos Medical is based in Alpharetta, Georgia, United States.

Source: Fundz verified event record.

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Company Information

Company

AirLife

About

AirLife, formerly known as SunMed and headquartered in Grand Rapids, Michigan with manufacturing and distribution sites in the United States, Mexico, China and Europe, is a leading medical device manufacturer, offering one of the most comprehensive portfolios of consumable anesthesia and respiratory care products. AirLife’s product portfolio spans the continuum of care from first responders to hospitals and home care, with safety, patient comfort and clinical performance in mind. AirLife’s comprehensive portfolio of trusted anesthesia products and respiratory care include premier brands such as Salter Labs®, Ethox Medical™, Ventlab™, Westmed™, AirLife™ and Vital Signs™. Currently, AirLife has over 1 million square feet of manufacturing space, providing comprehensive expertise in all plastics materials and conversion—supported by a world-class Quality Management System. Frazier Healthcare Partners, a leading healthcare investment firm, acquired a majority ownership stake in AirLife in 2021.

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Frequently asked

Who acquired Avanos Medical?

Avanos Medical was acquired by AirLife. The deal was reported on October 2, 2023. AirLife is privately held and operates in Manufacturing.

When did AirLife acquire Avanos Medical?

AirLife's acquisition of Avanos Medical was reported on October 2, 2023. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Avanos Medical do?

Avanos Medical, Inc. is a medical technology company based in Alpharetta, Georgia, focused on creating clinically superior medical device solutions to enable patients to return to their daily lives. It is privately held, operating in Manufacturing, and is based in Alpharetta.

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