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Belmont Instrument Acquires the MTRE Advanced Technologies Product Line.

MANews-(C)2009-2018

21 June 2018 - US-based fluid management and critical care medical devices company Belmont Instrument, LLC has acquired the MTRE Advanced Technologies Ltd. product lines from Mennen Medical Ltd., the company said.

MTRE, headquartered in Yavne, Israel, is an advanced developer and manufacturer of non-invasive solutions for body temperature management.

Terms of the transaction were not disclosed.

Belmont's acquisition of MTRE extends its portfolio to include non-invasive body temperature management solutions and advances Belmont's strategy to invest in technologies that leverage the company's existing product portfolio and sales channels.

MTRE's normothermia management product line includes the Allon system and ThermoWrap disposable garment, and MTRE's temperature management portfolio includes the CritiCool system and CureWrap.

These non-invasive solutions are designed to enable healthcare providers to exercise precise control of body temperature, allowing for significant medical and economic benefits.

The portfolio targets a range of medical applications and disciplines. Specifically, the Allon system is indicated for use in hospital invasive and coronary care units, operating, recovery and emergency rooms, burn units, and on medical and surgical floors.

CritiCool is a thermo regulating system indicated for monitoring and controlling patient temperature.

CritiCool is commonly used in procedures where there is a need for Target Temperature Management. Both the ThermoWrap and CureWrap lines of disposable garments are available in adult, pediatric, and infant sizes.

Massachusetts based Belmont Instrument is a provider of fluid management and critical care medical devices for use worldwide in medical facilities, military combat fields, and EMS settings.

Country: Israel

Sector: Healthcare

Target: MTRE Advanced Technologies Ltd. product lines

Buyer: Belmont Instrument

Vendor: Mennen Medical

Deal size in USD:

Type: Corporate Acquisition

Financing:

Status: Closed

Buyer advisor: , ,

Comment: Terms of the deal were not disclosed

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Publication:M & A Navigator
Geographic Code:7ISRA
Date:Jun 21, 2018
Words:285
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