all the information, none of the junk | biotech • healthcare • life sciences

CareFusion Sells Unit for $130M

Xconomy San Diego — 

CareFusion (NYSE: CFN), the San Diego medical equipment manufacturer, says it has agreed to sell its International Surgical Products distribution business, which is based in Rolle, Switzerland, to privately held Medline Industries for $130 million. The business sells consumable medical products, such as drapes and gowns, examination gloves, and custom procedure trays, with sales of $440 million a year. The divestiture is intended to focus CareFusion’s international business on the company’s core business, which includes Alaris IV pumps and Pyxis automated dispensing cabinets.

Bruce V. Bigelow is the editor of Xconomy San Diego. You can e-mail him at bbigelow@xconomy.com or call (619) 669-8788 Follow @bvbigelow

Trending on Xconomy