Swedish company Molnlycke Health Care AB ‘s US subsidiary Molnlycke Health Care US, LLC, has announced it has acquired the assets of Brennen Medical (St. Paul, MN) associated with their business in Burn and Wound Care.
Molnlycke Health Care is a world leading manufacturer of single-use surgical and wound care products and services for the professional health care sector.
Although the terms of the deal have not yet been disclosed, Molnlycke Health Care US, LLC has acquired all the Commercial Assets of the 40 year old Brennen Medical business within the Burn and Wound Care markets. Brennen Medical will under a new name continue to develop their core technologies (porcine tissue and beta-glucans) for applications in other markets.
“Combining Brennen Medical’s ‘best-in-class’ products with our own market leading wound care brands will provide Molnlycke Health Care customers with a comprehensive range of technologically advanced and clinically proven burn and wound care solutions,” says Barbara Osborne, President, US Wound Care for Molnlycke Health Care.
Source: Brennen Medical