CareFusion to Acquire Brazilian Respiratory Company

Financial terms were not disclosed.

Intermed designs, manufactures, and markets a variety of ventilators and respiratory care devices for the full spectrum of infant, pediatric, and adult patients used in hospitals in Brazil and across Latin America. The acquisition is part of CareFusion's strategy to accelerate long-term growth, and it will help increase the momentum of the globalization strategy by leveraging existing distribution channels and offering additional CareFusion products. The Intermed product platform, specifically designed to address the unique needs and cost structure of Latin America and other emerging markets, is a key factor in this process.

“The acquisition of Intermed complements our global respiratory product platform and advances our strategy to expand outside of the US through investments that build scale and local capabilities in high-value markets,” said Kieran Gallahue, chairman and CEO of CareFusion. “Intermed brings a strong distributor network, local manufacturing capabilities and a new product portfolio that we believe can serve as a base for CareFusion to continue our global expansion efforts in Latin America.”

“For more than 30 years, Intermed has supported the evolving health care needs of Brazil through high-quality medical devices, and we are extremely proud of the company we have built,” said Milton Rubens Salles, founder of Intermed. “CareFusion shares our values and passion to serve hospitals' and patients' respiratory needs and create additional opportunities for our people and products to continue to grow through investments in research and development and global expansion.”

CareFusion is a global corporation serving the health care industry with products and services that help hospitals measurably improve the safety and quality of care. The company develops market-leading technologies including the Alaris infusion pumps, the Pyxis automated dispensing and patient identification systems, the AVEA, AirLife, and LTV series of ventilation and respiratory products, ChloraPrep products, MedMined services for data mining surveillance, V. Mueller surgical instruments, and an extensive line of products that support interventional medicine.

Related Links:
CareFusion
Intermed Equipamento Medico Hospitalar