“Arjo, a market-leading supplier of medical devices and solutions, today signed an agreement to acquire ReNu Medical Inc. ReNu Medical is a privately owned US company specialising in green reprocessing for single use non-invasive medical devices. The acquisition is expected to have a marginal positive effect on netsales, gross margin and earnings per share in 2018.
“The acquisition of ReNu Medical strengthens our offering in compression therapy, such as DVT* prevention, and we also see excellent opportunities for launching this offering in markets outside the US. The acquisition contributes to a more profitable business model and is also well aligned with our focus on sustainability,” says Joacim Lindoff, President & CEO of Arjo. “