Healthium, a global player in medical devices, announced that it has acquired VitalCare Group, a manufacturer of urology consumable care products, through its subsidiary Clinisupplies Ltd. This acquisition will help Healthium expand its urology franchise in Europe and other developed markets.
Healthium has a diverse portfolio of medical devices and consumables, which includes surgical sutures, needles, a patented arthroscopy portfolio, urology portfolio, hernia meshes, haemostats, gloves, ligation clips, surgical staplers and other wound closure devices. The Company holds 60 patents in India and U.S (including those under process).
VitalCare is a manufacturer of urology consumable care products, with relationships with healthcare customers worldwide. The company is headquartered in U.K. with manufacturing operations in China.
With the acquisition of VitalCare, Healthium adds to its manufacturing capabilities in urology and boosts its in-house R&D, which will strengthen its presence in the urology segment in Europe and the US. Lewis Calcutt, Managing Director, VitalCare will continue with the company, building on its global presence and creating a truly differentiated product portfolio.
Commenting on the acquisition Anish Bafna, MD & CEO, Healthium Medtech said, “The acquisition of VitalCare will bring together global talent, diverse cultures, differentiated expertise, strengthen our product portfolio and presence in Urology care to drive continuous value for our customers.”
Paul Cook- CEO Clinisupplies said, “The acquisition will help us expand our footprint in Europe and U.S. Together, we will continue to focus on bringing forward best in class and innovative solutions that will continue to redefine urology care.”
Lewis Calcutt, Managing Director, VitalCare said, “This relationship will be a strong contributor to our growth and give us access to attractive geographies.”