STERIS Corp Buys Two Businesses; Sees Deal Neutral to FY13 Earnings and Additive After
STERIS Corporation (NYSE: STE) announced today the purchase of two privately-owned businesses: Spectrum Surgical Instruments Corp (Spectrum) and Total Repair Express (TRE), leading providers of surgical instrument repair services and instrument care products to hospitals and surgery centers in the United States. These two businesses will be integrated into STERIS's Healthcare segment as part of the Company's Specialty Services business, which provides a variety of niche services to Customers, including space decontamination solutions, chamber cleanings and instrument repairs.
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