Nonin Medical Acquires Swedish MedAir

Nonin Medical (Minneapolis, MN, USA), which designs, manufactures, and distributes a broad spectrum of physiologic monitoring devices, has acquired MedAir AB (Delsbo, Sweden), a Swedish medical technology company. Financial details were not disclosed.

Nonin Medical designs and distributes pulse oximeters, sensors, accessories, and software used by health and medical professionals in more than 125 countries. MedAir develops medical and veterinary applications based on a unique gas-analyzing technology, including monitors for respiratory function and CO2, as well as advanced original equipment manufacture (OEM) technology for manufacturers. Future plans call for the expansion of Medair AB.

"The acquisition of MedAir is an excellent strategic fit for Nonin Medical and strengthens its dominant market position in physiologic monitoring,” said Gary Tschautscher, president and CEO of Nonin Medical. "By broadening our products and services to include carbon dioxide monitoring and enhancing our infrastructure, the acquisition enables us to better serve customers worldwide.”

"Nonin brings an established worldwide distribution network as well as strong ties to the OEM channel that will be essential to MedAir's future expansion,” said Sigvard Weisbjerg, managing director of MedAir AB. "The two companies share a commitment to innovative products that offer flexibility, comfort, and effectiveness for quality patient care in a range of medical settings.”



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