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Global medical instruments company, esco, to merge with BC Medical Instruments

Posted on July 9, 2021

Esco Medical Instruments, a global medical instruments group that is headquartered in the U.K., announced on Wednesday that it has entered into a definitive agreement to merge its U.S. business and its Canadian operations.

The news comes less than two weeks after Esco acquired the U,K.-based British medical device manufacturer Broadbent, which owns and operates several other U.k.-based medical devices companies, including British-owned AstraZeneca.

Esco, which was founded in 2005, said it expects to achieve net sales of $8 billion during the fiscal year 2019.

It also said it plans to create a wholly-owned subsidiary in Canada.

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