Kimberly-Clark Corp - Statistical Data Included

Health Industry Today, Nov, 1999

Kimberly-Clark Corp., Dallas, has completed its acquisition of Ballard Medical Products, Draper, Utah, a maker of disposable medical devices for respiratory care, gastroenterology and cardiology. The transaction is valued at approximately $774 million and was completed following approval by Ballard shareholders. With the acquisition, says Kimberly-Clark, the company gains new technologies and product offerings, allowing the company to further expand its growing professional health care business. New product offerings will include Trach Care, the No. 1 brand of respiratory suction catheters, and endoscopy devices, disposable defibrillator pads and internal feeding tubes. The combined professional health care operation is expected to have annual sales of approximately $700 million.

* www.kchealthcare.com