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BD completes Caesarea Medical Electronics acquisition
BD has announced the completion of its takeover of Caesarea Medical Electronics (CME), a medical technology company based in Israel.
The acquisition of the global infusion pump systems manufacturer will help to expand BD's growing infusion portfolio to include a range of ambulatory, home and specialty acute care infusion pumps.
CME designs, manufactures and markets these pumps alongside related accessories and disposable administration sets for both homecare and hospital settings. The devices are known for their compact and highly portable design, making them ideal for intravenous and epidural anaesthesia and pain management, hospital and home nutrition, among other uses.
CareFusion, which was acquired by BD in 2015, purchased a non-controlling minority stake in CME back in 2014. In order to complete this deal, BD purchased the remaining 60 percent of CME for an undisclosed fee.
Mike Garrison, vice-president and general manager of worldwide infusion solutions at BD, said: "The integration of CME's technology into BD will strengthen our strategy of reinventing medication management across the healthcare continuum."
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