Steris Buys Xodus Medical for 2.1 Billion
Medical equipment maker Steris has agreed to purchase Xodus Medical for 2.1 billion dollars. The acquisition adds surgical safety products to its healthcare consumables business. The deal is expected to close by the end of 2026.
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STERIS PLC will acquire privately held Xodus Medical for $2.1 billion, expanding its healthcare consumables portfolio with surgical safety products. The deal strengthens the medical equipment maker's presence in hospitals and laboratories amid sustained demand. Investors gain exposure to a specialized surgical products portfolio backed by projected 2026 revenue of $245 million.
