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Owens & Minor is acquiring Rotech Healthcare Holdings for $1.36 billion. This deal aims to boost Owens & Minor's sales by adding Rotech’s home medical equipment, including sleep and oxygen devices, hospital beds, and wheelchairs. Rotech, with over 𝟒,𝟐𝟎𝟎 𝐞𝐦𝐩𝐥𝐨𝐲𝐞𝐞𝐬 𝐢𝐧 𝟒𝟔 𝐬𝐭𝐚𝐭𝐞𝐬, will enhance Owens & Minor's product suite. The acquisition aligns with Owens & Minor's goal of reaching $𝟓 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 𝐩𝐚𝐭𝐢𝐞𝐧𝐭 𝐝𝐢𝐫𝐞𝐜𝐭 𝐬𝐚𝐥𝐞𝐬 𝐛𝐲 𝟐𝟎𝟐𝟖 and is expected to close by the end of 2024. #HealthcareAcquisition #MedicalEquipment #PharmaIndustry #SleepApnea #HealthcareExpansion https://lnkd.in/djJxCyBQ

Owens & Minor inks $1.36B takeover of Rotech

Owens & Minor inks $1.36B takeover of Rotech

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