Halma has made two new acquisitions, including its first acquisition in South America, that will help expand its range of blood pressure monitoring products and extend its reach into healthcare in developing markets.
Cardios is a Brazil-based designer and manufacturer of ambulatory ECG recorders and ambulatory blood pressure monitors. These are used by cardiologists and general practitioners to diagnose and prevent heart and blood vessel related diseases such as hypertension, diabetes, heart attacks, and heart arrhythmias. They are similar or complementary to products currently manufactured and marketed by Halma’s Medical sector.
Cardios will be part of Halma’s Medical sector and its CEO and management team will continue to operate the business out of its current location.
In addition, Halma’s subsidiary SunTech Medical, based in North Carolina USA, has purchased a range of non-invasive blood pressure (NIBP) devices from CAS Medical Systems (CASMED). These new NIBP monitoring products provide SunTech with more clinical grade options for OEM customers seeking NIBP technology for multi-parameter monitors, EMS defibrillators, haemodialysis machines and various other clinical monitoring devices.
Andrew Williams, Halma’s chief executive, commented: “Cardios and CASMED NIBP are great examples of how Halma can strengthen both the geographic footprint and intellectual property of our existing businesses through acquisition. Cardios extends our Medical sector’s reach further into developing international markets such as Brazil, where demand for and access to healthcare continues to grow, while CASMED NIPD strengthens SunTech’s position as the world leader in OEM non-invasive blood pressure technology.”