- Crosstex to acquire NAMSA’s Products Division to grow global sales of Sterilization Products in the industrial market
As part of Crosstex, the industrial sterilization monitoring portfolio will be well positioned to continue to grow its global leadership position. This transaction will complement the biological monitoring portfolio of Crosstex, which is currently focused in the dental and medical markets. Crosstex will provide industrial clients sterilization monitoring products with the same level of service and support that they receive from NAMSA today with an expanded product offering.
After the transaction closes, NAMSA will continue to manufacture sterilization monitoring products (for Crosstex) through the middle of 2016 depending on the product configuration, at which time Crosstex will integrate manufacturing into its global supply chain.
Subject to customary closing conditions, NAMSA (and Crosstex) expect the transaction to close in the first quarter of 2016.
NAMSA (www.namsa.com) is the global medical research organization, providing comprehensive services to advise clients and evaluate the safety and efficacy of medical devices, IVDs and combination products. For nearly 50 years, NAMSA clients have utilized its consulting, testing and clinical services to bring safe and effective products to market.
A Cantel Medical Corp. (NYSE:CMN); Crosstex (www.crosstex.com) manufactures a wide array of unique and innovative infection prevention and control products for the global healthcare industry. Founded in 1953 and headquartered in Hauppauge, New York, Crosstex is a recognized leader for its portfolio of biological and chemical indicators, sterility assurance packaging and personal protection equipment (PPE). With the acquisition of SPSmedical in 2012 Crosstex further broadened and strengthened its position in the acute-care and alternate-care markets. Sold in more than 100 countries, the range of products distributed to medical, dental and veterinary practices and facilities include our award winning (5 consecutive years) Secure Fit technology face masks, DentaPure waterline treatment cartridges, Sure-Check sterilization pouches with internal/external multi-parameter indicators, Tyvek pouches with 510K approval, Steam Plus Type 5 chemical integrators, ConFirm and Passport Plus in-office and mail-in biological indicators, Rapicide OPA/28 high level disinfectant, intermediate level surface disinfectant spray and wipes, hand sanitizers, enzymatic detergent/cleaner, gloves and a full array of single-use disposables.
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