About the Company
Headquartered in Mentor, Ohio, Steris Corporation is an American-Irish domiciled company that is involved in the manufacture of medical and surgical equipment. The company develops, manufactures and promotes infection prevention, contamination prevention, surgical support systems, microbial reduction products, services and technologies. The company began trading on the New York Stock Exchange from June 1st, 1992, under the ticker symbol of ‘’STE’’. Steris Corporation shares are also enlisted on the S&P 500 index.
With manufacturing facilities in 13 states and in Finland, Germany, Sweden and Canada, the company focuses on healthcare, pharmaceutical and medical device customers. Steris Corporation offers products for a variety of environments including operating room equipment and solutions, endoscopy reprocessing products, sterile processing products and services, endoscopy devices, endoscopy devices, ambulatory surgery centre solutions etc. The company generates its potential revenue with infection prevention products like low and high-temperature sterilisation systems and washing, decontamination products. Also, the company extracts a large amount of annual income from surgical support products like surgical tables, examination lights, as well as other accessories. The wide range of products and services of Steris Corporation include scientific and industrial contamination and prevention system.
Steris Corporation has a worldwide customer base in more than 100 countries which covers the sectors of healthcare, research, food, science and general industry. The company has 950 field sales, and representatives in North America and other operations or support personnel spread across 15 countries through which it manages its worldwide product sale and distribution. The foundation date of Steris Corporation goes back to 1985. Initially, it started its journey under the name of Innovative Medical Company in Ohio.
Since its inception, the company acquired quite a number of companies that helped to expand its operations and range of products. In 1996, Steris Corporation acquired Amsco, which added 300 new items to its product line. In 1997, the company acquired New-Jersey based Isomedix Inc. for $130 million. In the 2010s, several companies came under the banner of Steris Corporation. In 2014, the company acquired Integrated Medical Systems International Inc. In 2015, the company grew further with the acquisition of General Econopak for $175 million and Black Diamond Video for $51 million. Of all the acquisitions to date, the largest acquisition occurred in 2014 when it bought off Synergy Health for $1.9 billion. In 2020, Steris Corporation ranked 1905th on Forbes Global 2000 2020 category. The company was also included in the Forbes’ list of America’s Best Employers By State 2020.;
|Industry||Medical Instruments & Supplies|