Thursday, February 3, 2011
CareFusion Sells Distribution Business For $130M
San Diego-based CareFusion, which develops medical products such as pumps, ventilators, patient identification systems, and more, said this morning that it is selling its CareFusion International Surgical Products (ISP) business to Medline, for $130M. The firm's ISP business is based in Rolle, Switzerland, and has over 850 employees. CareFusion said that business has sales of approximately $440M annually. The firm said the sale allows it to fucs on growth opportunities outside the United States for its core medical technology and disposable products.