Key Surgical LLC, a global provider of sterile processing and operating room supplies, has announced that it has signed an agreement to acquire Hamburg, Germany-based Insitumed GmbH. The strategic acquisition will broaden Key Surgical’s portfolio of endoscopy products and further extend its global footprint.
JV Wulf, president, Key Surgical Europe, said, “Insitumed is highly regarded for its innovative customer-centric product development and its strong relationships with hospital-based endoscopy departments and office-based practices.
Since merging in 2017 with Interlock Medizintechnik GmbH and Clinipak, Ltd., Key Surgical has grown to serve more than 10,000 hospitals and surgical centers across 70 countries. The company will add Insitumed’s endoscopy offering to its portfolio of more than 5,000 products and supplies utilized for patient procedures, and cleaning and sterilizing surgical instrumentation.
Wolfgang Drews, Managing Director, Insitumed, said, “We’re pleased to be joining with Key Surgical. Our product offerings are very complementary and together we have an important opportunity to significantly enhance our product offering to customers and extend our reach into new geographic markets.”
Financial terms of the acquisition are not being disclosed.
