# STERIS to acquire Cantel Medical for $4.6 billion

STERIS plc has signed a definitive agreement to acquire Cantel Medical Corp in a cash and stock transaction valued at $84.66 per share, representing a total enterprise value of approximately $4.6 billion. The deal is expected to be accretive to adjusted earnings per diluted share in year one.

- Type: Acquisition
- Announced: 2021-01-12
- Where: United States
- Value: $4.60B
- Status: announced
- Products: infection prevention products and services, endoscopy and dental products
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Cantel Medical](https://endata.com/companies/25940.md) (target)
- [Steris](https://endata.com/companies/37791.md) (acquirer)

## Sources

- [sterisplc.gcs-web.com](https://sterisplc.gcs-web.com/news-releases/news-release-details/steris-announces-definitive-agreement-acquire-cantel-medical/), 2021-01-12: "We have long appreciated Cantel, which is a natural complement and extension to STERIS’s product and service offerings, global reach and Customers."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.