MUNDELEIN, Ill.--(BUSINESS WIRE)-- Medline Industries, Inc., a leading medical supply manufacturer and distributor, announces the acquisition of the Compat® line of pumps and administration sets in the U.S. and Canada from Nestlé Health Science. The Compat® pumps and sets deliver nutrition formulas or hydration to an enteral access device (feeding tube). The move establishes Medline as the second largest player in the enteral feeding pump and administration set market, thereby strengthening the company’s foothold and competitive position.
“With an increased awareness of the relationship between health and nutrition, this acquisition plays an important role in our strategic intent to offer quality, cost-effective nutrition and nutrition delivery products to the hospital, nursing home and home health markets,” says Luke Stevens, Division President, Nutrition and Pharmaceuticals, Medline. “We are excited to integrate these quality pumps and sets into our current nutrition product portfolio, providing customers with a more complete offering.”
The sale includes the following products sold to customers in the U.S. and Canada:
The deal closed on June 1, 2015 with a transition through August of this year. “Medline and Nestlé are committed to working closely with customers to make the transition as seamless as possible – meeting the stringent quality and delivery needs of all customers and remaining focused on serving as their trusted business partners,” says Stevens.
Medline is a global manufacturer and distributor serving the healthcare industry with medical supplies and clinical solutions that help customers achieve both clinical and financial success. Headquartered in Mundelein, Ill., the company offers 350,000+ medical devices and support services through more than 1,200 direct sales representatives who are dedicated points of contact for customers across the continuum of care. For more information on Medline, go to www.medline.com or http://www.medline.com/social-media to connect with Medline on its social media channels.