Swedish medical technology company Getinge has announced its acquisition of Ultra Clean Systems Inc., a US-based manufacturer of ultrasonic cleaning technologies. The deal, valued at SEK 170 million (USD 16 million) in cash, will see Getinge take over 100% of the shares of Ultra Clean Systems, expanding its sterile reprocessing offerings.
Expanding Getinge’s Sterile Reprocessing Offerings
The acquisition of Ultra Clean Systems will allow Getinge to significantly expand its offering to sterile reprocessing departments in North America. The deal means that Getinge now has a complete range of process equipment, consumables, and IT solutions. This will enable the company to minimize the risk of hospital-acquired infections by reprocessing instruments, particularly the most complex ones used for robotic surgery.
Expertise and Technology
Getinge’s President Surgical Workflows, Stéphane Le Roy, said that the addition of Ultra Clean’s expertise and technology will greatly benefit the company’s global sales reach. He believes that the platform will accelerate the adoption of Ultra Clean’s technologies.
No Material Impact on Operating Profit
According to Getinge, the acquisition is not expected to have a material impact on its operating profit and earnings per share in 2023. The company also expects no material integration costs this year.
Vertical Integration to Ensure Optimal Service Continuity
Ultra Clean Systems is located in Florida, US, and generated an annual revenue of SEK 90 million in 2022. For nearly a decade, Getinge has been the exclusive distributor of Ultra Clean Systems’ offering in North America. Through vertical integration, Getinge will ensure optimal service continuity for the hundreds of units installed in the United States.
Recognition for Ultra Clean Systems
Ultra Clean Systems’ President Becky Cale and CEO and Founder O’Brien Cale expressed their satisfaction with the acquisition. Becky Cale said that the company is proud that its expertise in ultrasonic cleaning technology is being recognized. She added that Ultra Clean Systems’ customers will continue to benefit from the quality products the company is known for.
Getinge’s acquisition of Ultra Clean Systems will undoubtedly enhance its sterile reprocessing offerings. This move will help minimize the risk of hospital-acquired infections and expand the company’s global sales reach. With this acquisition, Getinge has cemented its position as a leading player in the medical technology industry.