SunMed, a leading North American manufacturer and distributor of consumable medical devices for anesthesia and respiratory care, today announced the completion of its acquisition of Vyaire Medical’s (“Vyaire”) business unit that manufactures and markets respiratory and anesthesia consumables. Through the combination, SunMed is creating a leading manufacturer wholly dedicated to airway management and operative care with a more comprehensive offering for practitioners, serving as a one-stop source for the highest-quality consumable respiratory and anesthesia medical products that support the best outcomes for patients. Terms of the acquisition were not disclosed.

“We are pleased to officially welcome Vyaire’s respiratory and anesthesia consumables team into the SunMed family and are excited by the promising opportunities created by the joining of two great businesses,” said Hank Struik, CEO of SunMed. “As we bring our people together, we are confident in the highly complementary nature of our platforms and in our ability to strengthen our manufacturing capabilities and ensure our customers reliable and predictable supply of the most trusted respiratory and anesthesia consumables. Together, we will be even better positioned to drive innovation, using our combined expertise and industry-leading engineering capabilities. Our mission will continue to be focused on improving quality of life and setting the standard of care.”

Goodwin Procter LLP is acting as legal counsel to SunMed.

Source: businesswire.com