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Steris buys surgical instrument repair duo for $110M

Mon, 10/22/2012 - 1:29pm
Mass Device

Ohio-based medical device giant Steris nabs Spectrum Surgical Instruments and Total Repair Express for a total of about $100 million.

Steris logo

Healthcare giant Steris (NYSE:STE) acquired surgical instrument repair businesses Spectrum Surgical Instruments Corp. and Total Repair Express for total of about $110 million.

The acquisitions are part of Steris's efforts to its healthcare segment and provide niche services to customers, according to a company statement.

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