Cantel Medical Corporation

Last updated
Cantel Medical Corp.
Company type Subsidiary
NYSE: CMD
ISIN US1380981084
IndustryMedical devices
Founded1963;62 years ago (1963)
Headquarters,
U.S.
Key people
  • Charles Michael Diker (Chairman) [1]
  • George L. Fotiades (President, CEO) [1]
  • Peter G. Clifford (COO, EVP) [1]
  • Shuan M. Blakeman (CFO, SVP) [1]
Products
  • Infection Prevention and compliance
  • Water Purification and Filtration
RevenueIncrease2.svg US$871.92 million (2018)
Increase2.svg US$121.66 million (2018)
Increase2.svg US$91.04 million (2018)
Total assets Increase2.svg US$963.71 million (2018)
Total equity Increase2.svg US$608.87 million (2018)
Number of employees
Increase2.svg 2,693 (July 31, 2018)
Parent Steris
Divisions
  • MEDIVATORS Inc.
  • Mar Cor Purification
  • Crosstex International, Inc.
Website cantelmedical.com
Footnotes /references
[2]

Cantel Medical Corporation is an American company that produces and sells medical equipment. The company is based in Little Falls, New Jersey.

Contents

History

Cantel Medical Corporation was founded in 1963 by Charles M. Diker in Little Falls, New Jersey. [3]

The company purchased Minntech Corporation in 2001 for a reported $70 million. [4]

In March 2018, the company acquired Belgium-based Aexis Medical for $24.8 million. [5]

Cantel acquired Ashland, Ohio-based Vista Research Group for $10.5 million in January 2019. [6] In October of that year, the company acquired Chicago-based dental instrument maker Hu-Friedy for $719.4 million. [7]

In June 2021, Steris, an American medical equipment company, acquired Cantel Medical Corporation. [8] [9]

References

  1. 1 2 3 4 "Cantel Medical Corp. Profile". MarketWatch.com. Retrieved 2020-01-04.
  2. "Cantel Medical Corp. 2018 Annual Report Form (10-K)". U.S. Securities and Exchange Commission. July 31, 2018. Retrieved August 1, 2019.
  3. "Charles M. Diker". The New Jewish Home. Retrieved 2025-05-29.
  4. "COMPANY NEWS; CANTEL MEDICAL TO BUY MINNTECH FOR $70 MILLION". The New York Times. 2001-06-01. ISSN   0362-4331 . Retrieved 2025-06-03.
  5. Densford, Fink (March 21, 2018). "Cantel Medical picks up healthcare software dev Aexis Medical for $25m". MassDevice.com. Archived from the original on August 4, 2019. Retrieved January 5, 2020.
  6. Densford, Fink (January 11, 2019). "Cantel Medical acquires dental tech dev Vista Research Group for $11m". MassDevice.com. Archived from the original on June 13, 2019. Retrieved January 5, 2020.
  7. Perriello, Brad (October 2, 2019). "Cantel Medical closes Hu-Friedy buy". MassDevice.com. Archived from the original on October 4, 2019. Retrieved January 5, 2019.
  8. "STERIS Completes the Acquisition of Cantel Medical". sterisplc.gcs-web.com. 2021-06-02. Retrieved 2021-09-14.
  9. "Steris inks $4.6B buy of Cantel Medical amid flurry of M&A | MedTech Dive". www.medtechdive.com. Retrieved 2025-06-05.