7 May 2002
Smiths Group has sold two of its specialist medical device businesses, neither of which is considered a core activity, for 7.3 million in cash. The urology products and ostomy products businesses have been purchased by Mentor Corporation, a NASDAQ-listed U.S. company.
Urology products are used by long-term incontinence sufferers and are made at Colchester, Essex. Ostomy products, used by patients following a bowel or bladder diversion operation, are manufactured in Lancing, West Sussex. These products are marketed primarily under the Simcare brand which is being transferred with the businesses. Both businesses are expected to benefit from joining a company specialising in products for this segment of the international healthcare industry.
ENDS
General media enquiries
Contact our global media and communications team at:
Please note – the press team can only answer enquiries from accredited members of the press.
Related articles
Half year results for 6 months ended 31 January 2025
Find out more
Smiths Group acquires Duc-Pac Corporation
Find out more
John Crane secures significant new asset management contracts in Saudi Arabia
Read our company news as John Crane secures significant new asset management contracts in Saudi Arabia
Find out more
