Narrow-Moat Steris Has Strengthened Sterilization Portfolio With Key and Cantel Acquisitions

Steris, domiciled in Ireland and headquartered in Mentor, Ohio, is a dominant force in medical device sterilization, sterilizing one third of all medical devices in the world. Because it offers a full suite of sterilization solutions, from the sale of individual sterilizers to full outsourcing, Steris benefits regardless of how hospitals choose to manage sterilization. Steris also has a strong presence in the operating room, with an approximate 50% share of U.S. operating room capital equipment, including surgical tables and lights.